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New closing share price mechanism will come on 5 September
MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5…
Foreign investor launches takeover bid for Galina
An unnamed foreign investor has launched a takeover bid for Galina Holding, submitting a bid for 100% of the company,…
Abu Qir net income up 30% in 2020-2021
Abu Qir Fertilizers’ net income rose 30% during FY2020-2021, clocking in at EGP 3.5 bn compared to EGP 2.7 bn…
Small caps have until the end of the month to get a nominated adviser
The EGX is giving all listed small caps until 31 August to appoint a nominated adviser, according to a press…
THIS MORNING: Mandatory vaccines for students over 18 + Elon Musk is making humanoid robots
Good morning, everyone, and welcome to a busy news day as we kick off this last full workweek of August.…
Contact offering margin to HC Brokerage’s clients
Contact to finance HC Brokerage’s margin traders: Contact Financial Holding’s arm Contact Factoring will finance margin trading by clients of…
THIS EVENING: Egypt’s earnings recovery continues + Why being a “Small Giant” is a very good thing
Good afternoon, everyone: One more sleep and then we can push through the workday and slide into the weekend. It’s…
Heliopolis Housing to move from Public Enterprises to Companies Act purview
Other things we’re keeping an eye on this morning: Heliopolis Housing is on course to become a joint stock company…
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