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FRA suspends Beltone’s investment banking arm for six months
FRA suspends Beltone Investment Banking for six months: With barely 30 minutes left in Thursday’s trading session, the Financial Regulatory…
Speed Round
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Egypt reaches staff-level agreement with IMF on fifth tranche of USD 12 bn facility
** #4 Egypt reaches staff-level agreement with IMF on fifth loan tranche: Egypt reached a staff-level agreement with the IMF…
Egypt’s Banque Misr sells 2% stake in Saudi’s Samba
M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia’s Samba Financial Group for USD 370 mn, Vice…
Orascom Investment wants at least 25% of Sarwa Capital
** #3 M&A WATCH- Sawiris’ Orascom Investment wants at least 25% of Sarwa Capital: Orascom Investment Holding (OIH)is looking to…
Egypt jumps 8 spots in World Bank’s 2019 Ease of Doing Business report
** #1 More good news: Egypt is among the most-improved countries in the World Bank’s latest Ease of Doing Business…
Mustafa Mousa made partner at Bahaa El-Din Law Office in cooperation with BonelliErede
MOVES- Mustafa Mousa (not to be confused with the former presidential candidate) has been made partner at Bahaa-Eldin Law Office…
Foreign embassies to be subject to reciprocal tax treatment on real estate tax
LEGISLATION WATCH- Foreign embassies to be subject to reciprocal tax treatment on real estate tax: When it comes to paying…
FRA signs off on same-day trading for category B of securities eligible for special activities
REGULATION WATCH- FRA signs off on same-day trading for category B of securities eligible for ‘special activities’: The Financial Regulatory…
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