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Beltone eliminated from NI Capital’s tender for management of Abu Qir stake sale over Sarwa flap
IPO WATCH- Beltone wasn’t invited to bid for a piece of Abu Qir stake sale: State-owned investment bank NI Capital…
GTH planning EGP 11.2 bn rights issuance on the EGX
Global Telecom Holding (GTH) is planning to raise its capital through a rights issue on the EGX worth EGP 11.2…
EGX issues regulations for market makers in Egypt
REGULATION WATCH- The EGX issued on Sunday the regulations allowing brokerage firms to act as market makers, allowing them to…
MSA considers IPO to finance expansion to New Alamein
IPO WATCH- MSA University mulling IPO: October University for Modern Sciences and Art (MSA) is considering listing its shares on…
Draft Insurance Act details leaked
LEGISLATION WATCH- Insurance Act to substantially increase minimum capital requirement for insurance companies: The new Insurance Act would raise the…
AMOC shareholders decide to postpone stake sale until profitability rebounds
AMOC shareholders decide to postpone stake sale until profitability restored: Shareholders in the Alexandria Mineral Oils Company (AMOC) have decided…
FRA looking to file criminal case against Beltone officials over Sarwa IPO
FRA looking to file criminal case against Beltone officials over Sarwa IPO: The Financial Regulatory Authority (FRA) is looking to…
What we’re tracking this week and beyond
Are we hosting the African Cup of Nations? The football supremos at CAF will reveal this coming Wednesday whether Egypt…
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