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money markets
EFG Hermes tops Egyptian brokerage ranking during January
EFG Hermes Securities Brokerage acquired the market lead for brokerage ranking during January.
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Egypt’s commodities exchange to start operation by year-end or early 2022 – official
Egypt is expected its long-anticipated commodities exchange to start operation within the end of the current year or early next year, the country’s stock exchange chairman said.
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EFG Hermes completes advisory on acquisition of Kuwait’s Al Faysal Bakery & Sweets by Agthia Group
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its investment banking division successfully concluded advisory on Agthia Group’s acquisition…
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Qalaa Holdings’ TAQA Arabia IPO may be delayed to beyond Q1-2022
TAQA Arabia plans to delay its planned initial public offering (IPO) on Egypt’s stock market (EGX) to at least for the next five quarters, a source with knowledge of the matter told Daily News Egypt…
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European stocks edge higher with vaccine challenges and earnings in focus
European stocks nudged higher on Tuesday, with investors focusing on an emerging battle between vaccine maker AstraZeneca and the EU, and on political uncertainty in Italy.
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Hong Kong falls more than 2% as shares in Asia decline
Asia stocks declined in Tuesday trade as major indexes on Wall Street saw fresh closing highs overnight.
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Egypt’s stocks may rebound on EM rally – Renaissance Capital
Strong rebound in equity inflows to emerging markets could spill over to Egypt leading to robust inflow recovery, Renaissance Capital’s head of MENA research Ahmed Hafez said in a note yesterday.
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Egypt’s EFG Hermes arranged $1.2 billion market transactions in Africa Sub Saharra during 2020
EFG Hermes, an Egyptian investment management firm, facilitated $1.25 billion worth of securities transactions on sub-Saharan African stock markets in 2020, according to a press release issued by the…
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Egypt’s Juhayna says Safwan Thabet resigns, names Ahmed Al Wakil as new board member
Egypt’s Juhayna Food Industries chairman Safwan Thabet resigned and has handed over the role of board member to Ahmed El Wakil, the company announced in a bourse filling on Wednesday.
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EGX develops EGX30 index methodology
The Egyptian Exchange (EGX) completed the development of the EGX30 index methodology to boost the ability of the index to attract more investments.
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