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Centamin shares tumble on lower than expected gold production forecasts
Shares of London-listed gold miner Centamin “fell down a mine shaft,” City AM reports. The stock slid c. 28% after…
Beltone pays Egypt’s FRA EGP 16 mn to lift investment banking suspension
Beltone suspension lifted after it pays EGP 16 mn settlement: Beltone Financial’s investment banking arm resumed operations yesterday after the…
The first EU-Arab League summit gets underway
There’s still no Turkey-style agreement with the EU on migration, but politicians made some headway was the first day of…
Australia’s Atoun looking to invest EGP 15 bn in solar power projects in Egypt
INVESTMENT WATCH- Australia’s Atoun looking to invest EGP 15 bn in solar power projects in Egypt: Atoun Energy Australia is…
El Attal plans to go public on Egypt’s exchange next year
IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed…
Egypt’s first real estate fund to launch in March
Egypt’s first listed real estate fund to launch in March: The Egyptians Real Estate Fund will be up and running…
House postpones final vote on e-Payments Act
LEGISLATION WATCH- The House general assembly postponed its final vote on the E-Payments Act after MPs failed to reach quorum…
FRA lifts ban on Beltone’s investment banking arm
Has Beltone’s investment banking arm been unshackled? The board of the Financial Regulatory Authority (FRA) has reportedly informed Beltone Financial…
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