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First digital banking licenses to be issued in coming weeks
WATCH THIS SPACE- The CBE is getting ready to hand out its first digital banking licenses, according to bank sub-governor…
MSCI adds EFG Hermes to global standard index, e-Finance enters small-cap index
MSCI tweaks Egyptian firms included in its global indices: EFG Hermes has been added to MSCI’s standard equities index from…
Amazon invests in EFG Hermes; could swap for >4% stake in valU at current USD 235 mn valuation
Amazon snaps up EFG GDRs, with option to swap for valU shares: Amazon has agreed to purchase USD 10 mn…
THIS MORNING: Samih Sawiris steps down as ODE chairman; Shoukry to co-chair climate meeting in Copenhagen; US inflation data spooks markets
It’s another heavy news day, wonderful people, with tons of investment news here at home and no sign that the…
GIZ Egypt to support waste management strategy with EUR 6 mn in funding
Other things we’re keeping an eye on this morning: Matouk Bassiouny & Hennawy acted as the Egyptian legal counsel to…
Meet our founder of the week: Sympl’s Mohamed El Shabrawy El Feky
OUR FOUNDER OF THE WEEK- Mohamed El Shabrawy El Feky, co-founder and CEO of Sympl (LinkedIn). My name is Mohamed…
Andy Warhol’s Marilyn Monroe portrait sells for USD 195 mn + Would martians accept BTC?
Andy Warhol’s portrait of Marilyn Monroe broke auction records for American art after selling for USD 195 mn in an…
CI Capital appoints new CEO of brokerage arm + Abu Qir Fertilizers appoints Alpha Oryx reps to BoD
CI Capital has named Chahir Hosni (LinkedIn) the CEO and managing director of its brokerage business, it said in a…
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