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money markets
World Stocks slip as hot oil fuels inflation gyrations
World stocks were battling to avoid a second day of declines on Thursday as hints of rising inflation led by a one-year high in oil prices and the strongest copper prices in nearly a decade kept…
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Egypt’s stocks close mostly higher, benchmark EGX 30 rises 0.06% on Tuesday
Egypt’s stock exchange’s (EGX) indexes ended trading almost higher on Tuesday, with the benchmark EGX 30 index growing 0.06 percent to 11,534 points.
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CI Capital Holding’s Taaleem plans IPO on EGX
Taaleem Management Services, a minority-owned investment of CI Capital Holding for Financial Investments, announced a plan to float its shares in an initial public offering (IPO) on the Egyptian…
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EGX halts trading on Orascom Investment Holding
The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the beginning of Thursday’s trading session.
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Egypt’s FRA mulls Banque Misr’s tender offer for CI Capital
The Egyptian Financial Regulatory Authority (FRA) said Banque Misr has submitted a draft mandatory tender offer (MTO) to acquire a controlling stake in CI Capital Holding For Financial Investments.
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Onsi Naguib Sawiris named chairman of Orascom Financial Holding
Orascom Financial Holding on Tuesday announced that Onsi Sawiris, the son of Egyptian business mogul Naguib Sawiris, has been appointed as its chairman.
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Chinese stocks lead gains in mixed session for Asian markets
Asia-Pacific stocks mostly advanced Tuesday with Chinese mainland shares leading gains.
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AT Lease completes 2nd securitisation issuance worth EGP 1.087bn
Al-Tawfeek for Financial Lease Company (AT Lease) has completed its second securitisation bonds issuance with a total value of 1.087 billion Egyptian pounds, Tarek Fahmy, its CEO and Managing…
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Corp-Solutions partners with valU to provide immediate finance access to merchants
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today the launch of a new program between its NBFI subsidiaries valU, a leading technology…
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Egypt’s stocks close higher, benchmark EGX 30 rises 0.42% on Tuesday
Egypt’s stock exchange’s (EGX) indexes ended higher on Tuesday, with the benchmark EGX 30 index rising 0.42 percent to 11,637 points.
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