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Egypt’s FRA to hear Beltone’s appeal of its suspension today
The Financial Regulatory Authority will hear today an appeal today by Beltone Financial of a six-month suspension handed to the…
Matouk Bassiouny closes AED 420 mn rights issue for Ajman Bank in UAE
ECM WATCH- Matouk Bassiouny & Ibrahim has closed a rights issue for Ajman Bank, the UAE-basedshariah-compliant lender, the firm said…
Zaki Hashem gets Enppi IPO mandate
IPO WATCH- Zaki Hashem gets Enppi mandate: Zaki Hashem & Partners has been appointed as domestic counsel to Engineering Company…
International financial institutions looking at Banque du Caire IPO
IPO WATCH- Four international financial institutions are looking to buy stakes in Banque du Caire as soon as its IPO…
Why 2019 could be good for EM — but bad for developed markets
US stock indexes fell more than 4% last week as “investors’ retreat from US stocks turned into another rout on…
FRA sets framework for Egypt’s sukuk issuers
REGULATION WATCH- FRA sets framework for sukuk issuers: The Financial Regulatory Authority (FRA)has set the regulatory framework for sukuk issuers…
Alaa El Saba to consolidate, list his businesses within three years
Alaa El Saba (not Alaa Saba the investment banker turned private equity investor) is looking to roll investments including car…
Egyptian government to investors: We’re staying the course on the IPO program, and the tax treatment of banks is in line with international norms
Gov’t to investors: We’re staying the course on the IPO program; the tax treatment of banks is in line with…
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