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STC postpones talks for loan to finance Vodafone Egypt takeover
M&A WATCH- STC postpones talks for loan to finance Vodafone takeover: Saudi Telecom Company (STC) has delayed talks to raise…
Central Bank of Egypt leaves rates on hold in first meeting after record cut
CBE leaves rates on hold in first meeting after record cut: The Central Bank of Egypt left rates on hold…
EFG Hermes tops Egypt’s brokerage league table in March
EFG Hermes topped the EGX’s brokerage league table in March with a market share of 27.3%, according to EGX figures…
US opens trade investigation into Egyptian aluminium dumping
Egypt is among 18 countries being investigated by the US for dumping aluminium in the US market. Reuters reported yesterday…
Egypt to issue EGP 610 bn in treasuries this quarter
FinMin to issue EGP 610 bn in treasuries this quarter: The Finance Ministry is planning to issue EGP 610 bn…
Rameda acquires generic anti-inflammatory molecule
Rameda Pharma has acquired a generic anti-inflammatory molecule, according to a statement (pdf). The unnamed molecule, which relieves pain associated…
AlHokair’s Marakez seeks USD 135 mn from IFC to build malls in Egypt, pay off debt
INVESTMENT WATCH- Marakez seeks USD 135 mn IFC loan to set up malls in Egypt, pay off debt: Marakez for…
First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition
M&A WATCH- First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition: First Abu Dhabi Bank (FAB) is proceeding…
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