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New tax measures set to be announced today were the talk of the town last night
Egypt-Saudi relations also got some coverage
Capital gains tax scrapped?
Good morning, friends, and a very happy hump day to you all. Leading the news well today and many of…
Ultra-rich families are set to control USD 9.5 tn by 2030
Loose restrictions are leaving family offices with more power in financial markets
FRA issues new regulations for delisting + SPACs
Fair value can now decide the price of minority shares for voluntary delisted companies
BP to invest USD 400 mn in two new wells. PLUS: Agiba, Pickalbatros, Juba, Alexandria Port Authority, El Araby Group, carbon credits
The two wells will add a combined daily 400 mn cubic feet of gas to BP’s output
Pioneers Securities dethrones EFG Hermes to top the EGX brokerage league table in August
EFG Hermes had led the table for 14 months in a row before Pioneers dethroned it
Companies look to next year for IPO plans amid market uncertainty
IPOs in the US have raked in USD 30 bn less than their annual average over the past decade in…
Nvidia shares slide despite highly anticipated 2Q earnings beating forecasts
Nvidia shares had fallen about 8% in extended trading at the time of writing, representing a roughly USD 200 bn…
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