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What the markets are doing on 18 April 2021
US banks’ earnings season is still going strong: Bank of America reported stronger-than-expected earnings in 1Q2021, with its net income…
EFG board greenlights Arab Investment Bank acquisition
EFG Hermes and the Sovereign Fund of Egypt are getting closer to acquiring a combined 76% stake in the Arab…
Managing director, non-executive chairman named for new central clearing and depository company
Yasser Zaazaa (bio) has been appointed managing director of the newcentralclearing and depository company for state debt issuances, while Central…
What the markets are doing on 11 April 2021
Alibaba just got slapped with China’s largest antitrust penalty, with Chinese regulators imposing a USD 2.8 bn fine on the…
JPMorgan is looking at Egypt
JPMorgan has confirmed that it is studying whether to include Egypt in its emerging-markets government bond index, Reuters reports. In…
Enterprise Explains: Margin Trading
Enterprise Explains: Margin Trading. Margin trading has been in the news a lot lately. The Financial Regulatory Authority wants more…
Retail subscription is on for Macro Group IPO
Retail investors who want shares of Macro Group's IPO on the Egyptian Exchange can start placing their orders as of…
Taaleem debuts today; Shoukry in Lebanon; Euro stocks at record highs.
Good morning, friends, and welcome to this fantastic Wednesday. Why are we so chipper this morning? Our IPO drought is…
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