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Suez Canal revenues up 20% y-o-y in 1Q 2022
Suez Canal revenues rose 20% y-o-y in 1Q 2022 to USD 1.69 bn, the Suez Canal Authority (SCA) said in…
Swvl rises on Nasdaq debut, eyes dual listing on the EGX
Swvl shares rise on Nasdaq debut: Shares in Cairo-born mass transit app Swvl rose on their Nasdaq debut on Friday…
THIS MORNING: Ramadan Kareem on this extremely busy news day
Good morning, wonderful people, and welcome to the first workday of Ramadan. We hope the day treats you well. We…
Swvl to debut on the Nasdaq today after SPAC merger approved
Swvl is making its landmark Nasdaq debut today: Shares in Egypt-born, UAE-based mass transit app Swvl will start trading on…
LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
Investors exit EM equities, global IPOs plunge as Ukraine fallout + rising rates spook the markets
EM funds are seeing heavy outflows on the back of the global uncertainty: Emerging-market equity funds have lost a combined…
IPOs: Gulf > Europe
Gulf > Europe in the IPO market: Surging oil prices are fueling an IPO boom in the MENA region, helping…
THIS MORNING: EGP settles in at EGP 18.57 to the greenback + more price caps are coming
Good morning, friends, and welcome to another exceptionally heavy news day, so as we did earlier this week, let’s jump…
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