Foreigners pick up EGP 1.4 bn in local equities as EGX30 gains 5.85% in July

After a full quarter of net selling and a red June, foreign investors turned net buyers of Egyptian equities last month bourse’s July monthly report (pdf)

We’re not out of the woods just yet

REFRESHER- July marks a reversal from a rough 2Q sold a net EGP 4.8 bn…