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The Central Bank of Egypt wants to incentivize banks’ investments in equity for SMEs
Bank investments in SME-focused equity funds now count toward minimum small business loan requirement: The Central Bank of Egypt (CBE)…
FinMin looking to narrow Egypt’s financing gap to EGP 720 bn next fiscal year
FinMin looking to narrow Egypt’s financing gap to EGP 720 bn next fiscal year -Kouchouk: The Finance Ministry is working…
EGX releases short-sellable stocks list
Have someone you want to short? Here is your list of targets: The Egyptian Exchange released yesterday the list (pdf)of…
Two consortiums, not three, were bidding for the 6 October-new capital monorail
UPDATE- The tender for the 6 October-new capital monorail had seen only two consortiums bidding for the project, not three…
FRA files lawsuit against Raya’s Medhat Khalil for not paying fine
DISPUTE WATCH- FRA files lawsuit against Raya’s Medhat Khalil for not paying a fine: Regulators have filed a lawsuit against…
BP close to selling GUPCO stake to Dragon Oil for USD 600 mn
M&A WATCH- BP is close to selling its stake in Gulf of Suez Petroleum Company (GUPCO) to Dubai-based Emirates National…
Egypt’s Tax Authority agrees to EGP 2 bn settlement in Global Telecom dispute
EXCLUSIVE- Global Telecom could pay EGP 2 bn to end tax dispute: The Tax Authority is nearing an agreement with…
EGP hits fresh two-year highs
EGP hits fresh two-year high, breaking the EGP 17 / USD 1 barrier: The EGP rose to a new two-year…
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