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Banque du Caire to IPO end of 2018 or early 2019 -Amer
IPO WATCH- Banque du Caire will IPO on the Egyptian Exchange by the end of 2018 or early 2019, according…
Speed Round
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Banking Act will not set term limits for managing directors -Amer
LEGISLATION WATCH- The amended Banking Act will not set term limits for bank managing directors, CBE Governor Tarek Amer reportedly…
Egypt among countries which have shown improvement in financial inclusion
With one in three now banked, Egypt has shown substantial improvement in financial inclusion since 2014, according to the World…
Egypt to complete USD 15.6 bn Sinai development by 2022, says Mahlab
The Sisi administration’s EGP 275 bn development plan for Sinai will be completed by 2022, a top presidential advisor told…
Suleiman El Wardany new MD at Memphis Pharma
MOVES- Memphis Pharma has appointed its chairman Suleiman El Wardany as its new Managing Director, according to a bourse filing…
Orange Egypt net profits reach EGP 15.9 mn in 1Q2018
EARNINGS WATCH- Orange Egypt reported a consolidated net profit after tax of EGP 15.9 mn in 1Q2018, up from a…
Contracts for the Russian Industrial Zone to be signed in May
Contracts for the Russian Industrial Zone to be signed in May (with a very Russian Inshallah): “We hope that Egypt…
Why can’t Israel just cast its natural gas lot with Egypt just like everyone else?
Why can’t Israel just cast its gas lot with Egypt like everyone else? Israel appears to still be trying to…
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