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EIB agrees EUR 250 mn loan to Banque Misr to support SMEs
EXCLUSIVE- EIB inks EUR 250 mn loan to Banque Misr to support SMEs: The European Investment Bank (EIB) has signed…
Is 5G coming to Egypt in 2020?
Is 5G coming to Egypt in 2020? The National Telecommunications Regulatory Authority (NTRA) could start selling 5G spectra to Egypt’s…
Car assemblers safe as FinMin looks to close knock-down loophole
EXCLUSIVE- Car assemblers safe as FinMin looks to close knock-down loophole: The Finance Ministry has instructed customs officials to charge…
Edita to buy out shareholder in subsidiary
M&A WATCH- Edita to acquire minority partner’s stake in candymaking subsidiary in EGP 60 mn transaction: Edita is buying out…
EFG Hermes aims to have non-bank financial services deliver 50% of profits by 2021
EFG Hermes aims to have non-bank financial services deliver 50% of profits by 2021: EFG Hermes aims for non-banking financial…
Regulator green-lights Orascom’s bid for large minority stake in Sarwa
M&A WATCH- Regulator green-lights Orascom’s bid for large minority stake in Sarwa: The Financial Regulatory Authority (FRA) has approved Orascom…
Egypt’s benchmark EGX30 extends losses to a fifth straight day
The EGX30 posted its fifth straight day of losses yesterday as shares struggled to recover from a 3.8% drop on…
Correction: Titles of Egyptian finance ministry officials
CORRECTION- Mai Farid was appointed Assistant Minister of Finance for Economic Justice, while Yomna Akram Khattab became the new Assistant…
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