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Cabinet adds Central Bank of Egypt governor to dispute resolution committees
The governor of the Central Bank of Egypt if now a permanent member of two cabinet committees responsible for resolving…
House Planning Committee approves EGP 80 bn overdraft for Egypt’s FY2019-2020 budget
BUDGET WATCH- The House Planning and Budgeting Committee on Wednesday signed off on a EGP 80 bn overdraft for the…
Egypt’s cabinet approves changes to bankruptcy code
CABINET WATCH- Cabinet approves changes to Bankruptcy Act to further distinguish between creditors: Creditors will have more power to decide…
EFG Hermes tops brokerage league table in June
EFG Hermes topped the EGX’s brokerage league table in June with a market share of 14.1%, according to EGX figures…
Suez Canal Bank to launch EGP 250 mn money market fund this month
Suez Canal bank to launch EGP 250 mn money market fund this month: The Suez Canal Bank will this month…
Your next phone is really going to cost a lot more
Your next mobile phone is definitely going to cost more as it is hit with two surtaxes: Imported mobile phones…
CIB gets USD 100 mn in tier 2 capital from UK investment group CDC
DEBT WATCH- UK’s CDC provides CIB with USD 100 mn in tier 2 capital: Leading private sector bank CIB has…
Italian asset manager Azimut launches Egypt-focused equity fund
Azimut launches its Egypt-focused equity fund: Italy-based asset manager Azimut has launched AZ Equity-Egypt, a fund that will invest in…
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