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EGX30 falls 4.3% in 2Q2019
The EGX30 fell 4.3% y-o-y in 2Q2019, the Egyptian Bourse said in its quarterly report (pdf). Total market capitalization came…
Is Egypt’s fuel pricing mechanism coming into effect this month?
Is Egypt’s fuel pricing mechanism coming into effect this month? Speculation is rife in the local press that the Oil…
NBK Egypt gets new managing director
MOVES- NBK Egypt gets new managing director: The CBE has approved the appointment of Yasser El Tayeb (LinkedIn) as managing…
El Sisi appoints financial advisor
MOVES- El Sisi appoints new financial advisor: President Abdel Fattah El Sisi has appointed Mohamed Ibrahim Abdel Naby Nasr as…
Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation from Antaradous
DISPUTE WATCH- Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation: Amer Group and Porto Group have…
Cabinet greenlights proposed legislation on new unified tax payment system
CABINET WATCH- The Madbouly Cabinet has greenlit proposed legislation that would introduce a series of reforms aimed at simplifying the…
EFG Hermes tops brokerage league table for June
EFG Hermes topped the EGX’s brokerage league table for June with a market share of 24.7%, according to figures released…
Egyptian startup WideBot raises six-figure pre-series A funding
STARTUP WATCH- WideBot raises six-figure pre-series A funding: Egyptian chatbot building platform WideBot raised a six-figure sum in its pre-series…
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