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Bank Audi Egypt takes on National Bank of Greece supervisory duties ahead of takeover
M&A WATCH- Is Bank Audi’s NBG acquisition still on? Bank Audi Egypt has begun supervising some of the operations of…
Unnamed PE fund close to buying out Egypt’s Cook Door
M&A WATCH- Unnamed PE fund close to buying out Cook Door: An unnamed foreign private equity fund is in the…
Analysts split on interest rates ahead of Thursday’s CBE meeting
SURVEY- Analysts split on interest rates ahead of Thursday’s CBE meeting. A poll conducted by Enterprise over the weekend shows…
Hisham Ramez continues as Arab International Bank chairman
MOVES- Hisham Ramez continues as Arab International Bank chairman: Former central bank governor Hisham Ramez will continue as chairman and…
Ashraf Salman appointed as City Edge Chairman, Ahmed Wehashi joins board
MOVES- Ashraf Salman appointed City Edge chairman, Ahmed Wehashi joins board: The City Edge board has approved the appointment of…
Libyan National Army agrees to Russia-Turkey ceasefire proposal
Libyan National Army agrees to Russia-Turkey ceasefire proposal: General Khalifa Haftar’s Libyan National Army yesterday announced they would observe a…
Mixed messages on launch date for Egypt’s commodities exchange
Mixed messages on launch date for Egypt’s commodities exchange: Trading on the Egyptian Commodity Exchange will begin by January 2021,…
Egypt moving ahead with planned shift to cash transfers from in-kind subsidies
Gov’t studying shifting to cash transfers for food subsidy recipients: The government is moving ahead with a plan to switch…
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