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FRA sets framework for Egypt’s sukuk issuers
REGULATION WATCH- FRA sets framework for sukuk issuers: The Financial Regulatory Authority (FRA)has set the regulatory framework for sukuk issuers…
Banks say new tax treatment not to affect 2018 results
Banks say new tax treatment of income from gov’t debt won’t hit 2018 P&L: CIB’s 2018 financial results will not…
Cleopatra plans to build two holiday resorts in Matrouh for EGP 10 bn
Cleopatra Hospitality Group plans to build two holiday resorts in Marsa Matrouh at a cost of c. EGP 10 bn…
AlGioshy Steel to invest EGP 500 mn in second steel rebar production line
INVESTMENT WATCH- AlGioshy Steel will invest EGP 500 mn to add a second production line at its steel rebar factory…
Pharos Holding signs a global agreement with Exotix Capital
Pharos expands global reach in tie-up with Exotix: Our friends at Pharos Holding have inked a global agreement with emerging…
EBRD has appetite for Egypt’s privatization program, sees Egypt as one of its top two investment destinations in 2019 –Heckman
EXCLUSIVE- Egypt was among the top two recipients of EBRD’s investments worldwide in 2018, Managing Director for the Southern and…
State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most” -Capital Economics
State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most,”…
Madbouly appoints Ahmed El Sheikh as EGX deputy chief
MOVES- Prime Minister Moustafa Madbouly has appointed Ahmed El Sheikh as deputy chairman of the EGX, according to a Cabinet…
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