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Equinor acquires additional stake in Scatec Solar
M&A WATCH- Norway’s Equinor has acquired an additional 5.2% stake in Norwegian solar power company Scatec Solar for USD 83.9…
Egypt’s bourse completes reclassification of constituent industries
REGULATION WATCH- EGX completes reclassification of constituent industries, changing 42 companies’ industry classification: The EGX has completed its review of…
A 20-year-old startup’s CEO is on Making It today, finance geeks, this one’s for you
The next episode of our interview show about building a great business in Egypt is out today: Today’s episode of…
Prime Holdings’ removal of Khaled Rashed as CEO ratified by FRA
MOVES- FRA approves Prime Holdings’ removal of Khaled Rashed as CEO: The Financial Regulatory Authority (FRA) has ratified Prime Holdings’…
Sameem Capital files legal complaint with Egypt’s FRA against Prime Holding
Sameem Capital has lodged a legal complaint with the Financial Regulatory Authority (FRA) against Prime Holding over Prime’s most recent…
What we’re tracking on 17 December 2019
It’s another reasonably quiet morning, raising our suspicions that we’re approaching the end-of-year news slowdown, but two stories stand out:…
Banque du Caire to offer 49% stake by 1Q2020
IPO Watch- Banque du Caire to offer up to 49% in 1Q2020 IPO: State-owned Banque du Caire (BdC) could sell…
EGX struggles on low trading volumes, lack of new listings
EGX struggles on low trading volumes, lack of new listings: Egyptian equities are struggling to attract investors due to low…
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