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money markets
Egypt plans 1st Samurai Bonds issue worth $500mn this week
The Egyptian government will be issuing its first Japanese Yen-denominated bonds to raise an equivalent of nearly $500 million, Bloomberg cited the Ministry of Finance’s Head of Debt Management Unit,…
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US dollar Jumps against Egyptian pound on Monday
The US dollar exchange rate has increased against the Egyptian pound to EGP 17.4 for buying and EGP 17.5 for selling at the National Bank of Egypt (NBE) and Banque Misr.
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Swvl to debut on Nasdaq after obtaining approval of Queen’s Gambit shareholders
Swvl for mass transportation solutions is awaiting approval from Queen’s Gambit shareholders to list its shares on the Nasdaq Stock Exchange on 31 March.
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Egypt’s stocks start week in mixed notes, benchmark EGX 30 declines 1.87%
Egypt’s stock exchange (EGX) closed in mixed notes on Sunday, with the benchmark EGX 30 index tumbling by 1.87 percent to 11,094 points.
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Global stocks drop as oil prices jump after Russian-Ukraine crisis weighs on
Stocks extended a selloff Wednesday as the war in Ukraine and sanctions on Russia triggered a record-setting surge in commodities, darkening the economic outlook and bolstering demand for sovereign…
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Egypt is expected to sell stakes in its new capital within two years – official
Egypt plans to sell stake in the state company behind its new capital city, Administrative Capital for Urban Development (ACUD), on the country’s stock exchange within two years, the company’s head…
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Dow futures, Asian markets nosedived as Russia invades Ukraine
Asian markets and US stock futures plunged on Thursday as Russian President Vladimir Putin announced a military operation in the Donbas region of Ukraine.
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EGX launches four sub-indices to measure overall performance of government bonds
The Egyptian Stock Exchange (EGX) launched four sub-indices to measure and track the performance of Egyptian treasury bonds, which are listed and traded on the exchange according to different maturity…
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Suez Canal authority to offer shares in some subsidiary on Egypt bourse
The Suez Canal Authority (SCA) is studying selling shares in some of the companies it owns on Egypt’s stock exchange (EGX), authority chairman Osama Rabie told CNBC Arabia on Tuesday.
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Egypt back to JP Morgan’s Emerging Markets Index
Egypt officially returned to the JPMorgan index, Monday, Jan. 31, nearly 10 years after its exit from it in June 2011.
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