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Naguib Sawiris replaces Tamer El Mahdi as OIH CEO
MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his…
Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results
EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the…
MENA IPOs to pick up next year -E&Y
The MENA region’s IPO activity will also pick up over the next 12 months following a weak third quarter, Ernst…
Financial Regulatory Authority greenlights micro lenders to offer nano-lending
Startup types and bankers alike, take note: The Financial Regulatory Authority (FRA) is now allowing microlenders to begin offering nano…
Castle Development to list shares on EGX by 2021
IPO WATCH- Real estate developer Castle Development plans EGX listing in 2021: ABC Construction Company subsidiary Castle Development is planning…
Last night’s talk shows for Tuesday, 5 November 2019
It was a quiet night on the airwaves, but one story is of particular interest to the business and finance…
What we’re tracking on 5 November 2019
Whether you’re looking for macro indicators, new product ideas (hint: nano-lending), debate on the EGX, or the regional IPO outlook,…
Parliament excludes banks and FRA from Data Protection Act
LEGISLATION WATCH- House committee agrees to exclude central bank, market regulator from Data Protection Act: The House ICT Committee has…
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