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Medhat Khalil to appeal date and price of MTO for Egypt’s Raya Holding
** #2 Medhat Khalil to appeal the FRA-ordered date and price of Raya MTO: Medhat Khalil will appeal the date…
Speed Round
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Egypt’s FRA says suspended Beltone’s investment banking arm due to irregularities in Sarwa IPO
** #1 FRA says Beltone suspension was due to “irregularities” in Sarwa IPO: The Financial Regulatory Authority (FRA) suspended Beltone…
Correction
CORRECTION- We had picked up an incorrect report from the domestic press last week claiming that Egypt’s non-oil exports rose…
CI Capital reports net profit of EGP 304.7 mn
EARNINGS WATCH- CI Capital reported a net profit after tax and minority interest of EGP 304.7 mn in 9M2018, up…
EFG Hermes tops brokerage league table for October
EFG Hermes topped the EGX’s brokerage league table for October with a market share of 20.4%, according to figures released…
Cabinet discusses IMF review, staff-level agreement to disburse fifth tranche
CABINET WATCH- Cabinet discusses IMF review, staff-level agreement to disburse fifth tranche: The Madbouly Cabinet discussed during its weekly meeting…
Insurance Act to require insurance on electronic banking transactions
LEGISLATION WATCH- Insurance Act to require insurance on electronic banking transactions: The Insurance Act, which is currently under review by…
Mineral Resources Act will focus on “value-added” minerals
LEGISLATION WATCH- Mineral Resources Act will focus on “value-added” minerals: The amendments to the Mineral Resources Act reflects a desire…
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