Fawry’s private placement, IPO oversubscribed for 16, 1.8 times, respectively
IPO to close tomorrow, trading begins on Thursday
Cautious optimism at EGX this week
Fawry’s IPO is likely to boost hopefulness in market, Eid holiday signals…
EFG Hermes accounts for 33.5% of EGX transactions in July
EFG Hermes conducted EGP 8.2bn of transactions thanks to institutions deals
Juhayna’s net profit declines 24.6% in H1 of 2019
Corporate’s consolidated revenues see 8% y-o-y rise in this period
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y
Company achieves net profit of EGP 207.7m in this period, up 39%…
Ukrainian ambassador meets Egyptian officials to boost bilateral cooperation
Ukrainian exports to Egypt increased by 26.8%, reaching $652m in Q1 of…
US enshrining of FX controls to carry serious implications for global market: HSBC
Moving parts involved in current trade negotiations are similar to those evident…
Tunisia extends state of emergency for one month, prepares for elections
Tunisia’s prime minister, Youssef Chahed, will run for president in an early…
Iran to further reduce its JCPOA commitments: FM Zarif
In July 2019, US withdrew from the deal re-imposing sanctions on Iran