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B Investments stock price jumps 10% in EGX debut
IPO WATCH- B Investments saw its share price rise 10% to EGP 11.82 in its EGX debut on Thursday. The…
Government could introduce legislation “within weeks” to establish a sovereign wealth fund
The government could introduce legislation “within weeks” to establish a sovereign wealth fund, unnamed state officials tell Al Masry Al…
Egypt’s carry trade to stay “good” until end of 2018 -Arqaam
How’s the rate cut going to hit the carry trade? The CBE’s move to cut interest rates comes amid concerns…
MPC cuts interest rates 100 bps
The central bank’s Monetary Policy Committee cut interest rates 100 bps on Thursday, the CBE said in a statement (pdf).…
National Elections Authority to prosecute those who abstained from elections
National Elections Authority to prosecute those who abstained from voting: The National Elections Authority (NEA) will compile a list of…
Egypt’s first real estate fund prepares for second issuance in 2H2018
Egypt’s first real estate fund prepares for second issuance in 2H2018: Egypt’s first real estate fund is preparing for a…
PM receives FY2018-19 budget for review before shipping it off to the House by 31 March
BUDGET WATCH- New state budget with prime minister, due to House on Saturday: The Finance Ministry handed the state’s FY2018-19…
Cabinet to issue NGOs Law executive regulations “within days”
LEGISLATION WATCH- The executive regulations to the NGOs Law are ready and will be issued “within days,” an unnamed Social…
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