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MENA fund managers are bullish on Egypt, Dubai
MENA fund managers are bullish on Egypt, Dubai: Around half of Middle East fund managers say they are looking to…
Against expectations, Central Bank of Egypt leaves interest rates unchanged
Central Bank of Egypt surprises as it leaves interest rates unchanged: The Central Bank of Egypt’s Monetary Policy Committee (MPC)…
National Bank of Kuwait CEO Hassan steps down
MOVES- Yasser Ismail Hassan will step down as managing director of the National Bank of Kuwait effective from mid-May, Hassan…
Audi CEO Fayed steps down
MOVES- Mohamed Abbas Fayed (bio) has resigned as CEO and managing director of Bank Audi, effective end-April, Al Mal reports.…
Earnings watch: Orascom Construction reports 2018 results
EARNINGS WATCH- Orascom Construction (OC) reported net income attributable to shareholders in 4Q2018 of USD 33.1 mn, up 635.6% y-o-y…
FRA agrees to membership requirements for planned sukuk supervisor
REGULATION WATCH- FRA agrees to membership requirements for planned sukuk supervisory committee: The Financial Regulatory Authority’s (FRA) board of directors…
Amer Group shareholders reject board’s decision to delist from EGX
Amer Group minority shareholders say no to delisting decision: Minority shareholders of developer Amer Group shareholders have said no to…
Central Bank of Egypt, Misr Clearing working on regs for derivatives trading
REGULATION WATCH- EGX, Misr Clearing working on regulations for derivatives trading: Misr for Central Clearing, Depository & Registry (MCDR) and…
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