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Short selling expected to be activated in 3Q2019
REGULATION WATCH- Expect short selling to begin in 3Q2019: Traders should begin short selling in 3Q2019, when the new system…
Germany removes travel ban restrictions on Taba
Germany has removed flight restrictions to Taba, allowing direct flights to the Sinai city, the country’s foreign ministry said. “The…
USD 200 mn from EBRD will go to construction of Majid Al Futtaim’s City Centre Almaza
USD 200 mn in funding from the EBRD to Majid Al Futtaim’s City Centre Almaza: The European Bank for Reconstruction…
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
El Sisi, Madbouly, Maait recap Egypt’s economic performance in FY2018-2019
The government met its 8.4% budget deficit and 2% primary budget surplus targets in FY2018-2019, which ended on Sunday, according…
GTH board cancels shareholders meeting over the planned capital increase
M&A WATCH- Global Telecom MTO progresses after tax dispute resolution: Global Telecom Holding (GTH) shareholders have offered to sell 37%…
Pioneers hires CI Capital to advise on Arab Dairy sale
M&A WATCH- Pioneers Holding names CI Capital as adviser on Arab Dairy sale: Pioneers Holding has hired investment bank CI…
Top investment banks competing to manage United Bank sale
M&A WATCH- EFG, Pharos, CI, HC among investment banks facing off to advise on United Bank sale: EFG Hermes, CI…
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