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The House authorizes El Sisi to take “whatever measures are needed” to support Saudi Arabia
Good morning, friends. It’s been a rough few days on the EGX, and the IPO everyone’s been waiting for now…
What the markets are doing on 26 October
The EGX30 fell 1.7% at today’s close on turnover of EGP 8.9 bn (21.2% below the 90-day average). Local investors…
BdC’s Hussein Abaza on why the bank is listing now and what comes next
The CEO says investors are buying a finished turnaround, funded by rural deposits and built for rate cuts
IMF lands in Cairo for the final review, with divestments, energy subsidies and tax on the table
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review…
What the markets are doing on 25 October
The EGX30 fell 3.6% at today’s close on turnover of EGP 7.2 bn (36.4% below the 90-day average). International investors…
EGX30 extends its losing streak
Here are the stories driving the day both at home and abroad. The EGX30 fell 3.56% at today’s close to…
EBRD, IFC sign on to Banque du Caire’s upsized IPO
The state’s biggest sale in years has grown to 45% of the bank and prices at the top of its…
EGP weakens against USD — plus, four foreign funds commit USD 256 mn to Banque du Caire IPO
At home, the USD jumped to EGP 55 for the first time, while Banque du Caire’s IPO and MNT-Halan’s EGX…
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