London Stock Exchange
World shares hit record highs in the European session on Monday, as markets were generally upbeat about the prospects for a global economic recovery from COVID-19, ahead of a busy week for earnings.
The Egyptian government sovereign green bond offering is valued at $750 million with a five year term.
World shares made another push for a record high on Wednesday after U.S. President Donald Trump said Washington and Beijing were in the final throes of inking an initial trade deal.
Banks suffered their usual worries about low borrowing rates to drag the pan-European STOXX 600 down 0.2 percent, though London’s FTSE edged up as its miners were lifted by higher copper and metals prices.
Tourism Minister Yehia Rashed on Tuesday left Cairo for Britain on a four day visit to take part in the activities of the London Stock Exchange.
AMOC is waiting for the approval of the Egyptian General Petroleum Corporation (EGPC) to buy condensates from the UAE’s Dana Gas, the chairman said.
