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FRA creates registry for valuation and advisory services firms
REGULATION WATCH- FRA creates registry for financial advisory firms: The Financial Regulatory Authority (FRA) issued a decision Thursday ordering the…
Listed companies can now split their stocks more than once a year under new simplified procedures
REGULATION WATCH- Listed companies can now split their stocks more than once a year under new simplified procedures: The EGX’s…
CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers
CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers: The Chemical…
Sarwa Capital to list up to 40% of shares in September
EXCLUSIVE- Sarwa Capital to list up to 40% of shares in September: Our friends at Sarwa Capital say that they…
Parliament just won’t let the idea of a wealth tax die
LEGISLATION WATCH- Parliament just won’t let the idea of a wealth tax die: It is looking increasingly likely that the…
FinMin announces FY2017-18 budget results
FY2017-18 budget deficit narrows to lowest point in six years: Egypt’s budget deficit for FY2017-18 narrowed to EGP 433.9 bn,…
Sergio Marchionne, CEO who saved Fiat Chrysler dies at 66
Fiat Chrysler’s former CEO Sergio Marchionne passed away yesterday at age 66. Marchionne, who passed away from surgical complications just…
We’ve found an underground lake on Mars
We’ve found an underground lake on Mars: Radar data from the European Space Agency’s Mars Express spacecraft appears to have…
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