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THIS EVENING: Egypt could get its first SPAC within weeks + FinMin proposes issuing FCY bonds in Japan in debt diversification strategy
Good afternoon, friends. We’re only through two days of the week so far, but it already feels like it should…
One step closer to Macro’s IPO
Cosmeceuticals giant Macro Group’s shares will be listed on the EGX today after receiving the blessing of the bourse’s listing…
Egypt now has a regulatory framework for the fintech industry
Fintech, consider yourself regulated: Legislation to regulate the fintech industry received final approval from the House of Representatives on Wednesday,…
4-5 companies could sell shares on the EGX this year -Farid
Four or five companies could offer shares on the EGX in 2022, Hapi Journal reported EGX boss Mohamed Farid as…
OC shareholders nod to USD 35 mn acquisition of Sawiris-owned business
Orascom Construction (OC) will acquire 100% of an equipment import, distribution and services business that is 100% owned by the…
FRA takes legal action against Speed Medical
Speed-related drama in the headlines: The Financial Regulatory Authority (FRA) has filed two lawsuits against Speed Medical (SPMD) before the…
Ins. Act could see the light by mid-2022
The new Ins. Act could be passed by the House of Representatives and become the law of the land by…
Macro Group scheduled to IPO before 23 January -Omran
Cosmeceuticals giant Macro Group Pharma is scheduled to IPO before 23 January, Financial Regulatory Authority (FRA) head Mohamed Omran told…
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