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Egypt: Inflation edges up slightly in September but is still near record low
Inflation edges up slightly in September — but is still near record low: Egypt’s annual urban inflation accelerated to 3.7%…
Small-cap listed firms in Egypt now allowed to call off sponsorship after one year
REGULATION WATCH- Nilex-listed SMEs are now allowed to terminate contracts with their sponsors after one year, provided they achieve the…
Falling inflation could lead to a delicate balancing act on interest rates
A delicate balancing act on interest rates: A too-sharp decline in Egypt’s September inflation figures could result in “consultations” with…
Mobile operators are bidding to become Africa’s bankers
Africa’s mobile network operators are using the pandemic as a chance to (literally) bank on the continent’s huge growth potential.…
Who’s got licenses for what?
CI Capital’s consumer finance arm Souhoola has been awarded a consumer finance license by the Financial Regulatory Authority, the company…
Suez Cement submits MTO for 100% of subsidiary Tourah Cement
M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement’s German parent company HeidelbergCement has submitted a…
Distributors of electric motors have six months to comply with new efficiency standards
Importers and assemblers of electric motors will be required to adhere to new energy efficiency and testing standards under guidelines…
Concentration risk regs relaxed for Egypt’s mortgage lenders
REGULATION WATCH- Mortgage finance companies can now lend up to 15% of their capital base to an individual household, up…
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