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Stocks struggle to rebound from Tuesday’s sell-off
There was less drama in the markets yesterday, following a volatile Tuesday that saw equities plummet while energy prices and…
THIS EVENING: A really slow news day here at home, but we’re keeping a watchful eye on signs that twin food commodity and energy crises may be brewing abroad
How slow of a news day is it? Let’s put it this way: We’re really worked up that the cabinet…
THIS MORNING: The stock sell-off accelerated yesterday + Asian markets are following suit this morning; White House natsec advisor in Cairo today.
We don’t literally ring a bell around here every time a company announces it will IPO on the Egyptian Exchange,…
THIS MORNING: Oil prices at three-year high; High-stakes negotiations on Capitol Hill; China power crisis;
Good morning, wonderful people, and welcome to a Hump Day issue that feels a lot like the (relative) calm before…
Egypt sells USD 3 bn of eurobonds
Egypt successfully sold USD 3 bn of eurobonds in last Thursday’s issuance — a sale that was 3x oversubscribed, according…
TONIGHT: Egypt began selling USD-dominated bonds today. + Is Mercedes-Benz resuming assembling in Egypt? ALSO: US pushes Egypt to improve human rights record.
Well, wonderful people, that’s a wrap on another workweek. We hope this second day of fall has been good to…
Companies + governments are rushing to issue debt before the Fed taper
Companies + governments are rushing to issue debt before the Fed taper: The past week saw a spike in USD-…
EFG Hermes subsidiary to list securitized bonds on EGX next week
Two tranches of a securitized bond issuance by EFG Hermes’ Financial Group For Securitization worth EGP 211 mn will begin…
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