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Egypt Kuwait Holding doubles stake in Mohandes Insurance
M&A WATCH- Egypt Kuwait Holding (EKH) more than doubled its stake in Mohandes Insurance to 20.4% in a EGP 109.7…
The worst of the year is over for Egypt’s corporate earnings; recovery will begin in 2H2020 -Pharos
The worst of the year is over for corporate earnings; recovery will begin in 2H2020 -Pharos: Corporate earnings in Egypt…
Mobile-based loan app Kashat launches, offering users up to EGP 1,500
STARTUP WATCH- Egypt’s first nano-financing loan provider, Pharos-backed Kashat, has officially launched, Menabytes reports. The app, which is a joint…
Egypt’s Al Ahly Capital to acquire Pharos’ asset management for EGP 20 mn
M&A WATCH- Al Ahly Capital is planning a c. EGP 20 mn bid for Pharos Holding’s asset management and investment…
Al Ahly Medical to open EGP 100 mn hospital in Mokattam
National Bank of Egypt-owned Al Ahly Medical Services plans to open a EGP 100 mn hospital in Mokattam in the…
Egypt gears up to bring e-Finance IPO, BdC stake sale to market in 1Q2020
PRIVATIZATION WATCH- e-Finance could make its EGX debut as early as 1Q2020, chairman says: State-owned payments platform e-Finance is putting…
EFG Hermes tops Egyptian bourse brokerage league table in October
EFG Hermes topped the EGX’s brokerage league table for October with a market share of 18.5%, according to figures released…
Pharos Securities launches Pharoslive for e-trading
Pharos Securities announced the launch of its trading app Pharoslive. The app, available on desktop, Play Store and the App…
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