Markets, research, firm updates.
Perspectives from the Acumen investment team alongside firm announcements and market commentary.
- Market30 Jul 2026
Egypt's state offering queue finally acquires a date, and a readiness test
The regulator started training fourteen provisionally listed state companies this week, and officials put a number and a month on the pipeline for the first time: roughly four final listings before year-end, with the opening offering targeted from December. We think the market's central question has shifted from whether the paper comes to who pays for it.
Read more - Market23 Jul 2026
Egypt's market shows its new depth as domestic and foreign money trade places
The EGX spent the week around the mid-53,000s as foreign and local investors took turns on either side of the tape. We read that two-way liquidity, set against a listing and derivatives pipeline that keeps widening, as a sign the market is deepening structurally rather than simply rallying.
Read more - Insights19 Jul 2026
Egypt's pound eases past 50 to the dollar as reserves and disinflation firm
The pound drifted beyond EGP 50 to the dollar this month even as net reserves set a record and inflation extended its slide. We read the divergence as a feature of the policy design rather than a sign of stress.
Read more - Market19 Jul 2026
EGX rally broadens as the central bank holds for a third meeting
The benchmark held its ground in the low-53,000s this week with small- and mid-caps leading and both foreign and domestic buyers active — even as the central bank kept rates on hold for a third straight meeting and the real economy stayed soft.
Read more - Market02 Jun 2026
EGX30 closes May at multi-month high on banking sector rally
The benchmark index advanced 4.2% in May, led by financials and real estate, with foreign net-buying turning positive for the first time in seven weeks.
Read more - Firm28 May 2026
Ezdehar Fund — May 2026 factsheet and manager commentary
Ezdehar delivered a 3.6% gain in May, outpacing its benchmark by 90 bps. Portfolio additions in industrials and telecoms drove the bulk of attribution.
Read more - Insights14 May 2026
MENA fixed income: opportunities in a stabilizing rates cycle
Our fixed income team reviews positioning across sovereign and corporate credit as regional central banks signal the end of the tightening cycle.
Read more - Firm06 May 2026
Rana Adawi on Bloomberg Asharq: 'Egyptian equities remain materially under-owned'
Acumen Managing Director Rana Adawi discusses MENA flows, the EGP outlook, and where Egyptian equities sit in a global allocator's playbook.
Read more - Award22 Apr 2026
Acumen recognised at the MENA Fund Manager Performance Awards 2026
Acumen Asset Management was named Best MENA Equity Fund (Kheir Fund) and Highly Commended Asset Manager at the 2026 awards in Dubai.
Read more - Insights10 Apr 2026
Activist investing in Egyptian mid-caps: a framework for unlocking value
How Acumen Advisory & Activism approaches governance, capital allocation, and strategic repositioning in mid-cap listed businesses.
Read more - Market18 Mar 2026
Remittances flat year-over-year through January 2026
Latest CBE data shows remittance inflows holding steady at USD 2.4bn, with implications for the EGP and consumer-facing sectors.
Read more - Insights26 Feb 2026
Egypt macro outlook 2026: a cautiously constructive base case
Our economists lay out the base, bull, and bear cases for Egyptian growth, inflation, and the EGP for the remainder of 2026.
Read more - Firm21 Jan 2026
Kheir Fund — Q4 2025 manager update
Kheir Fund closed 2025 up 14.8%, with a defensive tilt toward consumer staples and government debt that has carried into early 2026.
Read more - Insights12 Nov 2025
Acumen expands research coverage to small-cap industrials
Eight new initiations broaden Acumen's research footprint to over 60 listed Egyptian companies — the deepest sell-side adjacent coverage on the EGX.
Read more - Firm04 Sep 2025
Amwal Al Ghad profiles Acumen's leadership bench
A long-form feature explores how Acumen Holding's leadership team has shaped the firm's research culture over fifteen years.
Read more - Market22 Jul 2025
Reading the EGP: what a stabilising currency means for portfolio construction
After two years of regime change, the EGP has entered a quieter chapter. We discuss what that means for asset-class weightings.
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