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Equinor acquires additional stake in Scatec Solar
M&A WATCH- Norway’s Equinor has acquired an additional 5.2% stake in Norwegian solar power company Scatec Solar for USD 83.9…
What we’re tracking on 17 December 2019
It’s another reasonably quiet morning, raising our suspicions that we’re approaching the end-of-year news slowdown, but two stories stand out:…
EGX struggles on low trading volumes, lack of new listings
EGX struggles on low trading volumes, lack of new listings: Egyptian equities are struggling to attract investors due to low…
Central Depository Act gets committee-level approval at Egypt’s parliament
LEGISLATION WATCH- Central Depository Act gets committee-level nod at parliament: The House Economic Committee has approved the proposed Central Depository…
Upcoming IPOs of Egypt’s BdC, e-Finance will be a boon for EGX liquidity
The upcoming IPOs of state-owned Banque du Caire (BdC) and e-Finance will be a boon for liquidity on the EGX,…
EGX needs larger companies to attract more foreign investment -EFG Hermes CEO
IPO WATCH- EGX needs larger companies to attract more foreign investment -EFG Hermes CEO: The Egyptian bourse needs to attract…
FRA to ask Education Ministry for clarification on school foreign ownership cap
FRA to ask Education Ministry for clarification on school foreign ownership cap: The Financial Regulatory Authority (FRA) is requesting clarification…
Rameda Pharma retail subscription surges on final day, offering closes 33x oversubscribed
Retail appetite for Rameda’s IPO surgest on last day; offering closing 36.3x oversubscribed: Retail investors poured into Rameda Pharma’s 5%…
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