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CI Capital’s Cleopatra bid gets regulatory approval
CI Capital’s bid to acquire 26.2% of Cleopatra Hospitals Group has received the greenlight from the Financial Regulatory Authority (FRA),…
valU eyes regional expansion, M&A could be in the cards here in Egypt
EFG Hermes’ consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next…
NTRA slaps telcos with fines for poor quality
NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…
Banque Misr bottomline down slightly in FY2020-2021
Banque Misr reported net earnings of EGP 10.71 bn in its 2021-2022 fiscal year that ended on 30 June, according…
Willis Towers Watson eyes two Egypt-based ins. brokers in regional plan
British outfit Willis Towers Watson is looking to acquire two unnamed ins. brokerages operating in Egypt as part of a…
House committee gives final nod to proposed fintech law
The House of Representatives’ CIT Committee yesterday gave final approval to a draft law to regulate Egypt’s fintech sector, Al…
Suez Canal revenues up 12.4% so far this year
The global rise in commodity prices is hitting local aluminium, as Egypt Aluminum has raised the price at which it…
ESG reporting is coming to Egypt in 2023 (Part II)
POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…
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