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What we’re tracking on 5 January 2021
Good morning, friends, and welcome to a particularly busy Tuesday on this holiday-shortened week. Two big stories are vying for…
EGX to help brokerages offer short selling
The EGX could move to slash the cost of the electronic system needed to short sell on the bourse if…
IDH wants to list on the EGX in 1H2021
IDH targets dual listing by 1H2021, subject to approval: London-listed consumer healthcare giant Integrated Diagnostics Holdings (IDH), which owns the…
Galina to sell 49% in EGX debut
Agrifood player Galina Holding will sell up to 49% of the company in its EGX debut slated for early 2021…
Speed Medical to be the first jump from Nilex to the EGX
Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday after completing its upgrade from the…
Banque Misr sells stake in Rowad Tourism
Banque Misr has sold its entire 9.48% stake in the Rowad Tourism Company for EGP 22.7 mn, according to an…
Talks of Banque du Caire IPO “premature” -sources
IPO WATCH- Talk of when Banque du Caire (BdC) might reschedule its IPO on the EGX are “premature” in light…
EGX positioned for rebound in 2021 on strong fundamentals, positive growth outlook: Credit Suisse
The EGX is well-positioned for a comeback next year, thanks in large part to Egyptian equities currently being cheap because…
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