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New HSBC Saudi boss + Al Ahly Football Company appoints new board
HSBC Saudi Arabia has a new boss: HSBC has appointed Faris AlGhannam (LinkedIn) as CEO of its Saudi unit effective…
Last Night’s Talk Shows: All about the CBE
The Central Bank of Egypt’s decision to leave interest rates unchanged dominated the airwaves over the weekend. We have the…
Credit Agricole acquires a 4.8% stake in Credit Agricole Egypt
Crédit Agricole Group acquired a 4.8% stake in Crédit Agricole Egypt on Thursday, it said in a disclosure (pdf) to…
The National Dialogue is starting to take shape
National dialogue rapporteurs appointed: The 19-member board of trustees overseeing the Sisi administration’s national dialogue named six rapporteurs and assistant…
CIB plans record capital increase
EGX-listed private sector giant CIB is planning a multi-bn EGP capital increase that would raise its capital by around a…
THIS MORNING: It’s PMI day + Abdalla, cabinet are working on monetary and fiscal policy as IMF talks continue
Good morning, nice people. The last weekend of summer is now behind us (almost-officially in the US and Canada, where…
Selling electricity to Greece. Plus: Philip Morris is making smokes here now and farmers will get more for wheat
More energy cooperation with Greek partners? Electricity Minister Mohamed Shaker yesterday discussed expanding cooperation and investment with Greek energy and…
Advice from a former central bank governor
A lot of economy + finance talk on the airwaves last night: The challenges facing newly-appointed Central Bank of Egypt…
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