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FRA grants Prime Holdings brokerage arm short-selling license
The Financial Regulatory Authority (FRA) approved granting Prime Holdings a short-seller’s license, local press reported on Thursday. Prime’s brokerage arm…
Fawry IPO preparations are underway, but date, size has yet to be set
IPO WATCH- Fawry IPO preparations are underway, but no confirmation on date, size: Preparations for an initial public offering by…
No stake sales in state companies happening before September
EXCLUSIVE- No stake sales in state companies happening before September: The sale of additional stakes in already listed state companies…
What we’re tracking on 11 July 2019
Admit it: You didn’t expect to see inflation at single digits last month. Annual inflation plunged to three-year lows in…
Fawry, Egypt’s largest IPO (since Emaar) on the horizon?
IPO WATCH- Fawry to pull the trigger on Egypt’s largest IPO (since Emaar) before Eid? E-payment platform Fawry will reportedly…
What we’re tracking on 10 July 2019
It’s interest rate day tomorrow: There was a consensus among the nine economists we spoke to this week that the…
Acumen files EGP 20 mn lawsuit against FRA boss for reputational damage
DISPUTE WATCH- Acumen files EGP 20 mn lawsuit against FRA boss for “reputational damage”: A Giza court is expected to…
Egypt’s exchange to establish new derivatives clearing company ahead of market launch later this year
Egypt exchange to establish new derivatives clearing company ahead of market launch later this year: The EGX will set up…
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