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money markets
Egypt’s FRA will launch a new centre to settle non-banking financial disputes
The Financial Regulatory Authority (FRA) will launch a new arbitration center to settle non-banking finance related disputes soon
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European stocks climb after U.S. Fed commitment to support economy
European stocks traded in positive territory on Thursday as traders react positively to comments from the U.S. Federal Reserve that it will continue to support the economy.
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Gold jumps 1% on dollar slide, U.S. stimulus progress
Gold prices rose as much as 1% on Thursday as the dollar index extended its slide on progress with U.S. stimulus plans and the Federal Reserve’s commitment to pump more cash into the economy and keep…
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South African Stocks Climb to 2018 High With Index Above 60,000
South Africa’s main equities index rallied beyond the 60,000 points level for the first time since August 2018, benefiting from positive sentiment toward riskier assets as investors mulled speculation…
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Egypt’s stock market indices close slightly higher, EGX 30 adds 0.09% on Tuesday
Egypt’s stock exchange’s (EGX) indexes ended slightly higher on Tuesday, with the benchmark EGX 30 index adding only 0.09 percent to 11,057 points.
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EFG Hermes subsidiary resumes its EGP 2 bn corporate bond program
EFG Hermes subsidiary, Hermes Securities Brokerage, sold a second 500 million Egyptian pounds tranche of unsecuritized bonds, resuming its EGP 2 bn two-year corporate bond program, according to a…
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Egypt’s FRA approves 7 securitisation bond issuances of EGP 10bn
The Financial Regulatory Authority (FRA) approved seven securitization bond issuances worth 9.3 billion Egyptian pounds for five companies, with the guarantee of future financial rights portfolios of…
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European stocks advance as Brexit trade deal talks continue
European stocks traded higher Monday as market focus remains on negotiations between the U.K. and EU on a post-Brexit trade deal.
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Fintech player CAYESH signs a Strategic Partnership Agreement with EFG Hermes Corp-Solutions
CAYESH, a fintech company specialized in serving supply chain stakeholders, and EFG Hermes Corp-Solutions, announced today the signing of a strategic partnership agreement to launch an innovative…
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European stocks trade lower as last-ditch Brexit deal talks take place
European stocks traded Monday as market focus in the region centers on a last-ditch effort between the U.K. and EU to reach a post-Brexit trade deal.
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