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FinMin issues amendments to Customs Act regulations
LEGISLATION WATCH- FinMin issues amendments to Customs Act regulations: The Finance Ministry has issued amendments to the executive regulations of…
Earnings watch: Egypt’s QNB Al Ahli reports EGP 2.2 bn in 2Q2019 profits
EARNINGS WATCH- QNB Al Ahli reported a net profit of EGP 2.2 bn in 2Q2019, up 18.4% y-o-y from EGP…
Cleopatra denies knowledge of Actis’ impending Creed Healthcare takeover
M&A WATCH- Cleopatra Hospitals Group (CHG) has said that it has no knowledge of an impending management takeover of the…
Short selling expected to be activated in 3Q2019
REGULATION WATCH- Expect short selling to begin in 3Q2019: Traders should begin short selling in 3Q2019, when the new system…
FRA relieves holding companies from shareholder structure rules
REGULATION WATCH- FRA grants holding companies exemption from some shareholder structure rules: The Financial Regulatory Authority (FRA) is exempting holding…
UAE authorities greenlight Uber-Careem merger, Egypt’s ECA yet to decide
UAE authorities greenlight Uber-Careem merger: Emirati Minister of Economy Sultan bin Saeed Al Mansouri has given “unconditional approval” to Uber’s…
Global financial systems are not simply Facebook’s playground
Will financial regulators rein in Zuckerberg’s attempts to upend the global financial system? Mark Zuckerberg may have hoped that Facebook’s…
Egypt in the news on 25 June 2019
Aside from mentions in football stories, there’s little about Egypt in the international press this morning: Bloomberg Opinion takes a…
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