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Good morning, all. The newsflow is picking up with Cairo Water Week in full swing, GEM kicking off partial trial operations in days, and the central bank’s Monetary Policy Committee meeting scheduled for Thursday. WATCH THIS SPACE- #1- The IMF’s recently announced plan to cut surcharges could save us a whole lot of dough, officials […]
Author Archives: enterpriseam admin
Posted inPOLL
CBE expected to keep rates unchanged when it meets on Thursday
All of the analysts and economists we surveyed see the MPC holding rates steady
Posted inFINANCIAL SERVICES
FRA temporarily suspends issuing new microfinance, consumer finance licenses
There are currently 25 licensed microfinance firms and 30 licensed consumer finance firms in the country
Posted inDEBT WATCH
EFG Finance’s Bedaya issues EGP 1.4 bn in securitized bonds
The four-tranche bond earned credit ratings ranging from A- to AA
Posted inMoves
WE appoints new VP for financial affairs
WE welcomes a new VP for financial affairs: Telecom Egypt (WE) has appointed Wael Hanafy as the company’s new vice president for financial affairs, the company said in an EGX disclosure (pdf).
Posted inLAST NIGHT’S TALK SHOWS
Train crash in Minya kills 1, injures 19
Another fatal train crash, this time in Minya: The nation’s talking heads focused last night on the deadlytrain crash that occurred in Minya yesterday — a locomotive crashed into a Cairo-bound passenger train coming from Aswan. Health Ministry spokesperson Hossam Abdel Ghaffar told Salaat El Tahrir's Faten Abdel Maaboud (watch, runtime: 5:02) that the accident […]