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Get ready for Nafeza
What the introduction of a pre-registration system means for shippers: Importers, customs agents, and other handlers need to set up…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
What we’re tracking on 27 January 2021
Good morning, wonderful people. We made it through another workweek together — and our reward is a three-day weekend. Banks,…
Google threatens to quit Down Under
Also worth noting this morning: Fahad Al-Mubarak is once again the governor of Saudi Arabia’s central bank after Ahmed Alkholifey…
Public still > private, Reuters says
Egyptian state-owned companies are “eclipsing” the private sector despite IMF-backed structural reforms designed to reorientate the economy toward private sector…
IMF gives policymakers top marks for covid response
Egypt’s “proactive and targeted response” to the economic fallout from the pandemic helped Egypt fare better than observers had expected,…
It’s gonna be ok…
Why the market accepted the Central Bank of Egypt’s freeze on cash dividends without batting an eyelid. Picking up where…
No (cash) dividend for you
Egyptian banks are barred from paying out cash dividends to shareholders on 2020 returns under instructions (pdf) issued yesterday by…
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