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State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors
State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors after the previous board resigned after…
CI Capital appoints Hesham Gohar as CEO for investment banking
MOVES- CI Capital has tapped Hesham Gohar (LinkedIn) as CEO of its investment banking arm (covering IB, capital markets and…
Gov’t grants 6-month debt, utilities payment holiday for tourism companies, hotels, airlines
CABINET WATCH- The Madbouly Cabinet approved yesterday a six-month debt and utilities payment holiday for tourism companies, hotels and private…
Egypt’s GB Auto outlines mitigation plan to protect business from covid-19 fallout
GB Auto suspends capex for 2020 as part of its plans to mitigate effects of covid-19 on business: GB Auto…
Heavy net outflows from EM bond funds continue, but could brighter days follow?
Emerging market bond funds are continuing to see heavy net outflows, as investors seek to dump debt amid the economic…
HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
Taxes undermine stock funds as a channel for savings- Egypt’s EIMA
Taxes undermine stock funds as a channel for savings -EIMA: The Egyptian Investment Management Association (EIMA) has sent a memo…
Egypt’s central bank studying plan to hedge against bank investments in SMEs
CBE studying plan to hedge against bank investments in SMEs: The Central Bank of Egypt (CBE) and its newly established…
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