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What we’re tracking on 24 November 2019
The capital city’s rumor mill is still in overdrive above a potential cabinet shuffle even though there were no developments…
Earnings watch: Fawry reports 9M2019 results
EARNINGS WATCH- Egyptian e-payments platform Fawry’s 9M2019 net profits recorded EGP 76.3 mn, up 47.7% from EGP 51.6 mn last…
Raya Holding and subsidiaries may delist from EGX in 2020
Medhat Khalil warns Raya Holding could delist from EGX in 2020: Raya Holding is considering delisting from the EGX, founder…
Egypt’s first sukuk issuance coming in 1Q2020, green bonds coming next year
Egypt’s first sukuk issuance coming in 1Q2020? Egypt’s first sukuk issuance is expected to see the light of day before…
Rameda receives greenlight for IPO this year
IPO WATCH- Rameda gets nod for share listing, will go public before the end of the year –FRA: Rameda Pharma…
Tharaa will not crowd out private sector -Soliman.
Tharaa wants to engage with — not crowd out — the private sector -Soliman. The CEO of Egypt’s sovereign wealth…
Egypt in the News on 20 November 2019
The government’s reform efforts will be undermined if the military crowds out Egypt’s private sector from the economy, resulting in…
Egypt's FRA to Adeptio: Your Americana MTO offer shall not pass
M&A WATCH- FRA tells Adeptio: Your Americana MTO offer shall not pass: The Financial Regulatory Authority (FRA) has rejected the…
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