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The market roundup on 22 September
The EGX30 rose 0.8% at today’s close on turnover of EGP 1.2 bn (23.9% below the 90-day average). Regional investors…
TONIGHT: The accidental startup issue + Global markets get a reprieve. Also: Al Ahly and El Geish face off for the Egyptian Super Cup.
Good morning, nice people, and welcome to another brisk afternoon for the news as we slide toward the end of…
5 state companies could offer shares on the EGX by June 2022
Five state companies could offer shares on the EGX during the state’s current fiscal year, which ends in June 2022,…
THIS MORNING: EGP EKH shares hit the EGX; Property IDs coming later this year; El Sisi to address UN tomorrow?
Good morning, ladies and gents— Before we get down to business, a reminder: EGP-denominated shares in Egypt-Kuwait Holding (EKH) began…
EGX updates closing price mechanism
Updates to new share price closing mechanism on the EGX were implemented today: The EGX appears to have raised the…
TONIGHT: Alameda to invest EGP 5 bn over 3-5 years + Amazon talks to Enterprise about the new launch ALSO: Our picks for the Emmys on the tube tonight
It’s a busy start to the work week, ladies and gentlemen, with new investment pledges, regulatory changes to the EGX…
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…
E-Finance to IPO this fall
E-Finance, the state-owned fintech platform and digital payment infrastructure provider could become the second company to IPO on the EGX…
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