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CBE issues framework for instant digital payments
The Central Bank of Egypt has released the regulations(pdf) for its instant payment network (IPN), part of its strategy to…
Maait and UK chancellor talk investment
The UK will try to encourage international financial institutions and investment funds to invest in Egypt, UK Chancellor of the…
FRA expands caps on margin trading
FRA expands caps on margin trading: The Financial Regulatory Authority (FRA) issued a decision on Thursday setting new caps on…
TONIGHT: FRA expands proposed caps on margin trading + the EBRD is more optimistic about our growth. Plus: Egypt signed a coal phase-out agreement at COP26
…and just like that, the first week of November is over. We hope the week has been kind to you…
THIS MORNING: The Fed taper is here; COP26 continues with new Africa lending initiative; Republicans deal blow to Biden.
Well, friends, we’ve just about made it through another workweek together. The big story here at home this morning as…
Let’s skip the formalities and just SPAC
Two companies are already eyeing setting up SPACs in Egypt to acquire and list fintech players, Zulficar & Partners founding…
House okays lowering e-bike driving age
Teenagers aged 16 years-old will soon be able to get a license to drive e-bikes after lawmakers yesterday approved amendments…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
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