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EFG Hermes tops brokerage league tables for February
February brokerage league table: EFG Hermes topped the EGX’s brokerage league table for February with a 23.3% market share, according…
Speed Round
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Customs Act regs ready to be issued as soon as law is passed
LEGISLATION WATCH- The executive regulations of the new Customs Act have been drafted and are ready to be issued as…
EU Health and Food Safety Commissioner says Egypt’s products began meeting food safety requirements
Egyptian strawberries, peppers were compliant with food safety regs in 2H2017, says EU: Egyptian strawberries and peppers improved in quality…
Saudi-Egyptian consortium to invest EGP 600 mn in new int’l schools
INVESTMENT WATCH- Saudi-Egyptian consortium to invest EGP 600 mn in new int’l schools: A consortium of Saudi and Egyptian investors…
Nahw Development buys 29.1% stake in CDICO
M&A WATCH- Nahw Development (again, never heard of them) has purchased a 29.1% stake in Cairo Development Investment Company (CDICO)…
EAEF looks to acquire majority stake in Misr Hytech Seed Int’l
M&A WATCH- EAEF looks to acquire majority stake in Misr Hytech Seed Int’l: Our friends at the Egyptian-American Enterprise Fund…
EBRD wants to buy into state-owned banks IPO
IPO WATCH- EBRD wants to buy IPO of state-owned banks: The European Bank for Reconstruction and Development (EBRD) is looking…
EMRA threatens to revoke Matz Holding’s gold license
EMRA threatens to revoke Matz Holding’s gold license: The Egyptian Mineral Resources Authority (EMRA) has granted Cyprus’ Matz Holding a…
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