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money markets
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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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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