Arab Finance - News - Fawry, Misr Capital launch money market fund
The opening of purchase and redemption phase of Fawry Yawmy is scheduled on January 30th, with a minimum initial investment ticket of EGP 500.
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The opening of purchase and redemption phase of Fawry Yawmy is scheduled on January 30th, with a minimum initial investment ticket of EGP 500.
Proceeds from the rights issue will be used to finance the company’s new expansion plans in the financial services sector for both consumers and merchants, in addition to, boosting the offerings on MyFawry.
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Most stock markets in the Gulf ended lower on Wednesday, weighed by falling oil prices as investors assessed the impact of the Omicron coronavirus variant on the global economy and fuel demand.