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US retail earnings were better than expected in 2Q
Better-than-expected retail earnings in the US yesterday kept the stock rally going even as tech stocks faced selling pressure on…
Ghazl El Mahalla has another two weeks to land its micro-IPO
The retail component of Ghazl El Mahalla’s IPO has been extended for another two weeks until 28 August due to…
Single-stock ETFs aren’t sitting well with investment advisers + Users aren’t exactly flooding into Netflix video game space
Single-stock ETFs launched last month, and investment advisers are already wary, calling them a “recipe for disaster,” Bloomberg reports. A…
The Suez Canal Authority hasn’t given up on its IPO plans
The SCA still wants to take some of its companies public: The Suez Canal Authority (SCA) is considering listing three…
Edita launches new share buyback program
Edita announces share buybacks: Edita will buy back 5% of its shares over the next two months in a bid…
NUCA plans huge EGP 20 bn securitized bond issuance
NUCA wants to break its securitization record: The New Urban Communities Authority (NUCA) is seeking regulatory approval for a record-breaking…
EFG Hermes tops EGX brokerage table in July
EFG Hermes once again topped the EGX’s brokerage league table in July, with a market share of 16.7%, according to…
FRA could double EGX freefloat requirements to boost liquidity
FRA could double EGX freefloat requirements: The Financial Regulatory Authority (FRA) is studying the possibility of increasing the minimum freefloat…
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