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The SPACs cometh
SPACs could be landing in Egypt soon, after the Financial Regulatory Authority’s (FRA) board greenlit a proposal to allow the…
TONIGHT: EgyptAir flight to Moscow u-turns + new military chief of staff named + minimum corporate tax plan coming in the US Senate and Sudan updates.
It’s another busy day as we wind down from the last work week of October, ladies and gentlemen. Heading into…
Egypt letting go of emergency rules was good news for the EGX
It wasn’t a particularly eventful night on the airwaves, with President Abdel Fattah El Sisi’s decision yesterday to not renew…
The EGX capital gains tax won’t be making its comeback in January 2022
Investors are not yet facing new taxes on stock market transactions, the Finance Ministrysaid yesterday after reports in the local…
The EGX is putting closing auctions to the test
The EGX will today trial a new system to calculate closing share prices that is hoped to improve accuracy, increase…
Giving small-caps a chance to shine?
Tamayoz, Nilex’s new revamped small-cap index, is up and running as of yesterday’s trading session. Tamayoz replaces the NileX index…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
Corporate bonds could be on the menu for new EGX trading platform
Traders see corporate bonds added to the EGX’s new platform for tradinggovernment bonds if they wish to expand the platform’s…
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