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What we’re tracking on 23 April 2020
Ramadan Kareem, everybody. Dar Al Iftaa confirmed last night that Friday is the first day of the holy month, meaning…
FRA rules you can’t be both CEO and chairman of an EGX-listed company
REGULATION WATCH- FRA rules you can’t be both CEO and chairman of an EGX-listed company: The Financial Regulatory Authority (FRA)…
What we’re tracking on 21 April 2020
Good morning, ladies and gents, and welcome back from what we hope was a relaxing long weekend. Now, let’s get…
FRA says Cairo 3A will have to pay nearly 1% more than expected to acquire Egyptian Starch & Glucose
M&A WATCH- Cairo 3A will have to pay nearly 1% more than expected to acquire Egyptian Starch & Glucose after…
What we’re tracking on 16 April 2020
It’s a relatively quiet news day in Egypt as we slide into a holiday long weekend. Banks and the EGX…
FRA approves Alexandria Development’s purchase of 1.28% of Alexandria Portland Cement
M&A WATCH- Market regulator accepts Alexandria Development’s MTO for 1.28% of Alexandria Portland Cement: The Financial Regulatory Authority (FRA) has…
Premium International closes EGP 172 mn securitized bond sale
DEBT WATCH- Premium Int’l closes EGP 172 mn securitized bond sale: Premium International for Credit Services has completed a EGP…
STC extends MoU for Vodafone takeover by 3 months on covid-related delays
M&A WATCH- STC extends Vodafone Egypt stake purchase agreement by three months on covid-related delays: Saudi Telecom (STC) has extended…
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