Mega IPOs open windows for SPACs

SPACs are back — and the mega-IPO frenzy is to than k. Reuters

Nearly 360 SPACs are sitting on c. USD 56.8 bn in dry powder ready to deploy

SPACs can provide an alternative route, or “a quick side entrance

Interest rates (CBE)

S&P Egypt Sovereign Bond Index

S&P MENA Bond & Sukuk

VIX (Volatility Index)

The EGX30 rose 1.1% at Wednesday’s close