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Egypt’s market regulator approves 4 new insurance products from Sarwa Capital
Sarwa Capital has received approval from the Financial Regulatory Authority to roll out four new insurance products, head of technical…
Capital markets
Rawaj to recall EGP 226.5 mn of securitized bonds to benefit from falling interest
DEBT WATCH- AIH’s Rawaj to recall EGP 226.5 mn of securitized bonds to benefit from falling interest: Rawaj Finance is…
Egyptian Steel eyes EGX listing after covid-19 crisis
IPO WATCH- Egyptian Steel Group could go public on the EGX once the covid-19 crisis has died down, founder and…
Egyptian Media Production City to buy up to 10% in treasury stocks
Egyptian Media Production City to buy up to 10% in treasury stocks: The Egyptian Media Production City's board of directors…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
Speed Medical will acquire City Labs in the coming months
M&A WATCH- Speed Medical (SPMD) is set to acquire 100% of City Labs in the coming months once SPMD completes…
FRA launches app to facilitate recruiting women to senior roles
The Financial Regulatory Authority has launched an app, ‘Empowering Women,’ to help companies recruit qualified women to leadership and decision-making…
Al Ahly Capital in talks to acquire e-payments firms Momken, Sadad
M&A WATCH- Al Ahly Capital is in talks to acquire 100% of e-payments firms Momken and Sadad in transactions that…
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