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Infrastructure 
When will we see capex spending pick up?
EXCLUSIVE- With interest rates likely to be left on hold this week, don’t expect a pickup in capex spending this…
Central Bank of Egypt, EBRD look to set up new entity to settle gov’t bonds
The Central Bank of Egypt and the European Bank for Reconstruction and Development (EBRD) are looking into setting up a…
Earnings watch: ADIB, ACC, B Investments, Raya, Naeem, HHD, Eastern, Obourland, EIPICO
EARNINGS WATCH- B Investments posted a net profit of EGP 35.48 mn in 1Q2019, up 5.5% y-o-y from EGP 33.53…
Naeem suspends operations at its Etihad Capital Brokerage
Naeem Holding has suspended its Etihad Capital Securities Brokerage due to what it said were poor market conditions, low trading…
CBE boss presents draft Banking Act to cabinet
LEGISLATION WATCH- Central Bank of Egypt Governor Tarek Amer presented to the Cabinet economic group yesterday an amended draft of…
List of e-commerce no-nos issued as CBE orders aggregators and payment facilitators must offer guarantees to banks
REGULATION WATCH- Crypto is on the CBE’s list of online no-nos as the regulator orders aggregators and payment facilitators to…
Egypt’s MM Group to acquire factoring company Tamweel by the end of May
M&A WATCH- MM Group to acquire factoring company Tamweel by the end of May: MM Group for Industry and International…
Makasa Sport to increase capital by EGP 58 mn, list on EGX
Makasa Sport is undergoing a capital increase as a preliminary step to listing on the Egyptian Exchange (EGX), Mohamed Abdel…
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