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Parliament gives preliminary thumbs-up to Banking Act
LEGISLATION WATCH- House approves proposed Banking Act “in principle”: The House of Representatives yesterday gave preliminary approval to the proposed…
UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service
UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber’s plans for expansion in the…
Al Ahly Capital to enter healthcare sector with hospital purchase
M&A WATCH- Al Ahly Capital to enter healthcare sector with hospital purchase: Al Ahly Capital Holding, the investment arm of…
FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public finances
LEGISLATION WATCH- FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public…
Visa promotes Malak El-Baba
MOVES- Malak El Baba (bio) has been tapped as Visa’s Egypt country manager after previously serving as senior director of…
CI Capital appoints Hesham Gohar as CEO for investment banking
MOVES- CI Capital has tapped Hesham Gohar (LinkedIn) as CEO of its investment banking arm (covering IB, capital markets and…
Military kills 126 terrorists during North Sinai retaliatory raids
Military kills 126 terrorists during North Sinai retaliatory raids: The Armed Forces killed a total of 126 terrorists in 36…
Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days
LEGISLATION WATCH- The draft law that will establish the Egyptian Commodity Exchange will be with the cabinet within days for…
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