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Seven would-be consumer finance companies want to enter the increasingly crowded industry
Seven consumer finance companies have license applications in with the FRA to formally join an increasingly crowded industry, Al Mal…
Medhat Khalil pays EGP 10 mn fine to Egypt’s FRA over Raya ownership limits
DISPUTE WATCH- Medhat Khalil pays EGP 10 mn fine to FRA over Raya ownership limits: Medhat Khalil has paid an…
Adeptio loses appeal Americana MTO dispute, receives new fair value study
DISPUTE WATCH- Adeptio loses appeal Americana MTO dispute, receives new fair value study: An administrative court has rejected Adeptio’s appeal…
Egypt suspends privatization program again due to “unfavorable” conditions
PRIVATIZATION WATCH- The state privatization program is still on ice due to the “unfavorable” market conditions caused by the covid-19…
What we’re tracking on 30 June 2020
Welcome to the final day of 1H2020, which must surely rank near the top of the league table for worst…
Pioneers Holding to split into three new companies, list on EGX in 4Q2020
IPO WATCH- Pioneers Holding to split into three new companies, list them on the EGX in 4Q2020: Pioneers Holding plans…
What we’re tracking on 29 June 2020
THERE HAS BEEN A CHANGE OF PLANS and we now have a long weekend to which to look forward rather…
Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer’s Porto and Mansour groups
EFG Hermes and newly set-up mortgage finance company Qasatli have signed an agreement to issue EGP 1.8 bn-worth of five-year…
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