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FinMin taps four banks to manage Egypt’s first sovereign green bond issuance
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance: The Finance Ministry has tapped Credit Agricole, Citibank,…
Did the FRA just make reverse takeovers possible?
REGULATION WATCH- Did the FRA just make reverse takeovers (aka: “reverse IPOs”) possible? The Financial Regulatory Authority (FRA) has made…
Central Bank of Egypt shuffles its committees
The Central Bank of Egypt (CBE) has shuffled its audit, management, and capital markets and banking reform committees. Financial Regulatory…
EGX enables ETF market makers to place orders without a minimum amount
REGULATION WATCH- Bourse enables ETF market makers to place orders without a minimum amount: The EGX has scrapped regulatory requirements…
CBE to ease off rate cuts this year in a bid to support strong carry trade -EFG Hermes
CBE to ease off rate cuts this year in a bid to support strong carry trade -EFG Hermes: The Central…
SODIC board approves Hussein Shoukry’s resignation
MOVES- SODIC board approves Hussein Shoukry’s resignation: HC Securities Chairman Hussein Shoukry’s resignation from the SODIC board was approved effective…
Americana Egypt’s profits halve in 2019
EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn…
What we’re tracking on 11 February 2020
There are three big stories this morning: Inflation is up fractionally, the EGP has hit a three-year high against the…
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