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What has been driving the EGP appreciation — and who stands to gain or lose from its rally?
EXCLUSIVE- What has been driving the EGP appreciation — and who stands to gain or lose from its rally? The…
Egypt’s Swvl executive director Eraqi steps down
MOVES- Ahmed Eraqi (LinkedIn) stepped down last week from his role as the executive manager of Swvl, reports Al Mal.…
Novo Nordisk appoints new Egypt VP
MOVES- International healthcare firm Novo Nordisk has appointed AymanHassan as its new VP and general manager for Egypt, the company…
Egypt’s Banque du Caire net profits jump 60% y-o-y
EARNINGS WATCH- Banque du Caire’s (BdC) net profits jumped 60% y-o-oy to EGP 6 bn in 2019, according to Mubasher.…
More details emerge on executive regulations for amended Mineral Resources Act
REGULATION WATCH- We have more details on the Mineral Resources Act’s exec regs: Additional details have been released on the…
Did the FRA just make reverse takeovers possible?
REGULATION WATCH- Did the FRA just make reverse takeovers (aka: “reverse IPOs”) possible? The Financial Regulatory Authority (FRA) has made…
Mortgages in Egypt can now make up 10% of commercial bank portfolios
REGULATION WATCH- Central bank raises ceiling on mortgages as a percentage of bank loan books: Mortgages can now make up…
Amendments to set up Egyptian authority to regulate billboards receive committee approval
LEGISLATION WATCH- We’re one step closer to having someone in charge of regulating roadside ads and billboards (including their content):…
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