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EGX to reclassify constituent industries, add new sectors
EXCLUSIVE- EGX to reclassify constituent industries, add new sectors: The EGX is currently reviewing its classification system for the sectors…
Rameda Pharma retail offering oversubscribed on first day
IPO WATCH- Rameda Pharma retail offering oversubscribed on first day: The retail component of Rameda’s IPO was oversubscribed at the…
FRA approves Beltone Financial capital increase to pay off OIH debt
The Financial Regulatory Authority (FRA) has approved Beltone Financial’s planned capital increase to EGP 898 mn from EGP 338 mn…
Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila
M&A WATCH- Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila: Ezz Steel’s board of…
Court rejects Acumen, Raya lawsuits against FRA’s Mohamed Omran
DISPUTE WATCH- Court rejects Acumen Holding’s lawsuit against FRA boss for reputational damage: A Giza court rejected yesterday a EGP…
Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action
M&A WATCH- Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action: The Financial Regulatory…
FRA gives Rameda green light on public subscription notice
IPO WATCH- Market regulator gives Rameda green light on public subscription notice: The Financial Regulatory Authority (FRA) has approved Rameda…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
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