money markets

Rami El Dokany (LinkedIn) has been named head of the EGX for a one-year term by Prime Minister Mostafa Madbouly, according to a cabinet statement.
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Orascom Financial Holding, which is owned by well-known Egyptian millionaire Naguib Sawiris, has accepted an offer extended by UAE-based Chimera Investments to acquire a controlling stake in…
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The Egyptian Cabinet has agreed to prepare both Wataniya Petroleum Company and the National Company for Producing and Bottling Water (Safi), the subsidiaries of the National Service Projects…
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The Financial Regulatory Authority (FRA) approved to extend the period of the initial public offering (IPO) Ghazl El-Mahalla Football Company to increase its issued capital to next August 14 instead…
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Egypt is aiming at offering  shares of 25 percent of the  state-owned Misr Life Insurance in an initial public offering (IPO) by end of this June, an official told the local press
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The public offering of Ghazl El Mahalla FC on the Egyptian Bourse will begin on Sunday, 12 June and last until Friday, 1 July, according to a press release. The club has set its share price at EGP…
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The Financial Regulatory Authority (FRA) wants to see the EGX’s market cap more than double to EGP 1.6 tn by 2026, according to its newly published four-year strategy
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The Egyptian government government is considering the issuance of Yuan-dominated bonds for the Chinese market, which is the second largest bond market globally, according to Minister of Finance…
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Egypt will start offering shares in state companies on the country’s stock exchange starting from September, Public Enterprise Minister Hisham Tawfik told Reuters on Saturday.
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Asian and European equities tumbled Friday following a rout on Wall Street fuelled by worries over rising interest rates and surging inflation, while the pound extended losses the day after taking a…
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