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SPAC me, the regs are out
We’re one step closer to Egyptian SPACs after the Financial Regulatory Authority (FRA) yesterday issued the rulesand regulations (pdf) for…
THIS MORNING: e-Finance shares up almost 32% in first month’s trading; Covid, Fed uncertainty unnerves markets; Veteran actress Soheir El Bably dies, aged 86; Sudan’s Hamdok returns, protests continue.
Good morning, wonderful people, and welcome to a brisk-but-not-overwhelming news day, where the big story is the Financial Regulatory Authority’s…
Are we entering the era of post-pandemic austerity?
Governments are widely scaling back massive fiscal programs that had helped push economies through covid — a trend that, contrary…
TONIGHT: SPAC rules are here + Hamdok could be returning as Sudan’s PM. Plus: Talking regulatory changes on the EGX at AUC / EPEA panel
Good afternoon, ladies and gents. It’s a slow start to the week, with barely any major news at home or…
Japan to donate undisclosed AstraZeneca jabs to Egypt
We’re getting more jabs, this time from Japan: Japan is donating 3.7 mn AstraZeneca vaccines to nine developing countries, including…
You can DIY your next iPhone fix + the WFH lifestyle looks like it’s here to stay (if ETFs are any indicator)
Work from home stocks beat lifestyle tech through pandemic: The differing fortunes of two work-from-home ETFs launched at the height…
Health Ministry reports highest daily death figure since July 2020
The Health Ministry reported the highest single-day death toll from covid-19 since mid-July 2020, saying in a statement that 71…
Cabinet okays legislation in its weekly meeting
It was a legislation-heavy day around the cabinet table yesterday with ministers approving a number of bills during the weekly…
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