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FRA approves new listing regs that raise freefloat requirement
FRA approves new listing regs that raise freefloat requirement: The Financial Regulatory Authority (FRA) signed off yesterday on amendments to…
Speed Round
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Abiy Ahmed is Ethiopia’s new prime minister
Ethiopia’s ruling coalition elected yesterday Abiy Ahmed as the country’s new prime minister and chairman of the coalition, according to…
Visa appoints Marcello Baricordi as new MENA region general manager
MOVES- Visa has tapped Marcello Baricordi as the company’s new General Manager for the MENA region, according to a statement.…
Cabinet refers legislation on anti-terror council to the House
LEGISLATION WATCH- Cabinet refers anti-terror council legislation to the House: The Ismail Cabinet referred yesterday draft legislation for the establishment…
MEA, North American tourist arrivals to drive sector growth going forward -ATM
Tourist arrivals from the Middle East, Africa, and North America are expected to drive growth in Egypt’s tourism industry going…
Quantum Global ranks Egypt as second most attractive investment destination in Africa
Egypt has been named the second most attractive investment destination in Africa on Quantum Global’s 2018 Africa Investment Index. “In…
Uber, Careem appeal Administrative Court ruling ordering their closure
Uber, Careem appeal Administrative Court ruling ordering their closure: Ride-hailing apps Uber and Careem have filed an appeal with the…
EFG Hermes reports net profit of EGP 1.2 bn in FY2017
EARNINGS WATCH- EFG Hermes’ net profit after tax and minority interest stood at EGP 1.2 bn at the end of…
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