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THIS MORNING: Central bank announces exemptions for FX withdrawal limits
Good morning, good people: We’re continuing our 2022 rewind today, looking back at the year in M&A, investment and capital…
Vodacom closes acquisition of 55% stake in Vodafone Egypt
Vodacom is Vodafone Egypt’s new majority shareholder: Vodafone Plc’s South African subsidiary, Vodacom, has closed the acquisition of its parent…
Competition Act amendments pass the House
MPs give their final approval to Competition Act amendments: The House of Representatives yesterday voted to pass amendments to the…
Progress on golden licenses
CUSTOMS- New customs rules aim to clear backlogs at ports: The Customs Authority is obliging importers to submit import approvals…
The cost of Egypt’s ambitious tourism targets? USD 20 bn, according to the tourism minister
Among the other stories we’re paying attention to this morning: TOURISM- Egypt is going to need USD 20 bn if…
FRA approves BdC IPO deadline extension
Banque du Caire pushes IPO deadline to March 2023: The Financial Regulatory Authority (FRA) has allowed Banque du Caire (BdC)…
Turkish industrial giant eyes Egypt’s auto sector
M&A Watch: The Financial Regulatory Authority is examining a voluntary tender offer by Vodacom to acquire 0.05% of Vodafone Egypt…
EGX sets up company to manage carbon credit exchange
EGX teams up with Agricultural Bank, Enara Group to form carbon credit company: An Egyptian Exchange (EGX) subsidiary has signed…
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