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Samih Sawiris and seven others to set up EGP 1 bn NBFS firm in Egypt
Samih Sawiris, seven investors plan EGP 1 bn NBFS firm: Samih Sawiris is setting up a EGP 1 bn non-banking…
Is NBG Egypt’s unresolved pay disputes with its staff threatening its acquisition by Bank Audi?
M&A WATCH- Are NBG’s unresolved pay disputes with its staff threatening its acquisition by Bank Audi? The National Bank of…
Egypt, Ethiopia agree to dial back GERD tensions, restart talks
Egypt, Ethiopia agree to dial back GERD tensions, restart talks: President Abdel Fattah El Sisi and Ethiopian Prime Minister Abiy…
E-Payments Act, NGOs Act regulations to be published by December
LEGISLATION WATCH- You can expect the executive regulations for the E-Payments Act no later than December: The executive regulations for…
Eni acquires 70% of Edison’s stake in North East Hapi Mediterranean concession
M&A WATCH- Eni has acquired 70% of Edison’s stake in Block 12 of its North East Hapi natural gas concession…
Egypt to be the region’s “star performer” in 2020 -Capital Economics
Egypt to be the region’s “star performer” in 2020 -Capital Economics: Egypt will be the MENA region’s “star performer” in…
Egypt’s bourse, EGP-denominated bonds have been underperforming for weeks
The EGX has been underperforming for weeks, and however well they’re doing, EGP-denominated bonds are lagging the EM peers. Stocks…
Egypt’s pound rallies to new two-and-a-half year high, approaching EGP 16 / USD 1 barrier
EGP rallies to new two-and-a-half year high: The EGP rose to a new two-and-a-half year high against the greenback, hitting…
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