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Shareholders look to sell c. 7% stake in Fawry
Shareholders look to sell 7% stake in Fawry: A group of shareholders are looking to sell a combined stake of…
Egypt’s CIB earns ISO/IEC 27001 certification
CIB obtained the ISO/IEC 27001 information security management certification from the British Standards Institution (BSI) following an audit, according to…
BdC studies license to accept POS payments
Banque du Caire may apply for a license to accept POS payments as part of its strategy to expand its…
National Railways Authority to borrow EUR 100 mn for Siemens signaling project
The National Railways Authority will in the coming weeks sign a EUR 100 mn syndicated loan agreement with a consortium…
FRA completes first draft of law to regulate fintech industry
LEGISLATION WATCH- The Financial Regulatory Authority (FRA) has finished the first draft of a law that will govern the fintech…
Beltone awaits US regulatory approval for Auerbach Grayson sale, to launch consumer finance arm within ‘weeks’
M&A WATCH- Beltone Financial is waiting on US regulatory approval to complete the sale of its 60% stake in New…
What we’re tracking on 28 July 2020
It’s almost official, folks: The cabinet confirmed yesterday that Eid Al Adha will run from Thursday to Monday, 3 August , meaning…
Your top education stories of the week
Your top education stories of the week: Public universities will begin the new academic year on Saturday, October 17 following…
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