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Go with the flow on 20 June
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.35 bn (4% above the 90-day average). Foreign investors…
Tycoon Holding submits rival MTO for brokerage house ANFI
Tycoon Holding has submitted a bid to launch a mandatory tender offer for 90% of brokerage house Alexandria National Company…
An EGP share with USD dividends?
Egypt Kuwait Holding (EKH) stockholders can now apply to convert the trading currency of their shares to EGP from USD,…
Four companies to IPO in 2H2021?
The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman…
Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
A deadline for companies that haven’t pulled the trigger on their IPOs
BdC is one of at least four companies that now face a year-end deadline to go public. The news comes…
Go with the flow on 10 June
The EGX30 fell 0.6% at today’s close on turnover of EGP 1.33 bn (2.5% above the 90-day average). Foreign investors…
Ebtikar sets IPO deadline by 4Q2021
Ebtikar has narrowed the deadline for its planned EGX debut to 4Q2021, after having eyeda larger window within 2H2021 to…
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