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State privatization program in full swing + Cairo hosts Lebanese, Israeli leaders + annual urban inflation falls to 5.6% in November
We close out a busy week, with a very busy Thursday that spells a boom for our capital markets, ladies…
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THIS EVENING: Has Big Tobacco swayed the state on the tobacco license tender? + Elsewedy, Edita go big on Africa expansions
Today is a big news day for Egyptian companies investing abroad, ladies and gentlemen, with Elsewedy Electric and Edita both…
Omicron spread isn’t stopping KSA from raising oil prices
Saudi Arabia raises January oil prices for all crude grades in Asia and the US, even as Omicron continues to…
Big Tech had a particularly great quarter
MARKET WATCH- Alphabet and Microsoft smash estimates as they release 3Q financials: Google’s parent blew past expectations, posting 41% growth…
From Fertiglobe to yet another regional VC fund, it’s a relatively quiet start to the week for global markets
Trading of Fertiglobe’s shares is due to begin tomorrow on the ADX, after the fertilizer producer raised some USD 795…
THIS MORNING: Dallal to be installed as AUC president today, gov’t to make Maadi more accessible in pilot program
Good morning, friends — we hope you’re caffeinated and looking forward to a great day. AUC will install Ahmed Dallal…
ACWA opens strong on Tadawul, share price skyrockets to upper limit
It was a fast start for ACWA Power on the Tadawul, with its share price shooting up its 30% limit…
THIS EVENING: Senate back in session today; Georgieva faces IMF on corruption allegations; Bad day for FB; Nobel Physics prize winners announced.
It’s been a busy day, ladies and gentlemen, as we approach the end of the short work week. We have…
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