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Go with the flow on 7 June
The EGX30 fell 0.2% at today’s close on turnover of EGP 1.71 bn (24.2% above the 90-day average). Foreign investors…
JUFO signals to the market that its financials are sound
Juhayna Food Industries (JUFO) has released a snapshot of its unaudited FY2020earnings (pdf) in a move likely meant to reassure…
Ebtikar now holds 80% of Bee + Rx Healthcare has a EGP 1 bn M&A pipeline
Ebtikar now holds 80% of Bee after acquiring an additional 20% stake in the company held by software services company…
The markets on 11 March 2021
The EGX30 fell for a third day in a row, shedding 0.2% at today’s close on turnover of EGP 1.2…
Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
Kashat launches national nano-credit campaign
Our friends at Kashat, Egypt’s first nano-lender, have launched a second pilot backed by a national-scale marketing campaign designed to…
A smattering of M&A news to keep things interesting
Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of…
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