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Ex-AOI boss made military production minister after Al Assar death
MOVES- Shehab Marzban (LinkedIn) has resigned as chairman of government-owned venture capital fund Egypt Ventures and is joining Beltone Financial,…
EGX looking to change how closing share prices are calculated, says Farid
REGULATION WATCH- EGX looking to change how closing share prices are calculated, says Farid: The EGX plans to implement “soon”…
In line with consensus, Central Bank of Egypt leaves rates on hold in June meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt left interest rates unchanged for the…
Earnings Watch: Beltone, Prime Holding, AT Leasing
EARNINGS WATCH- Beltone Financial reported a net loss of EGP 8.4 mn during the first three months of 2020, compared…
Beltone Financial to finalize Auerbach Grayson sale in 3 months
M&A WATCH- Beltone to complete sale of Auerbach Grayson in three months: Beltone Financial Holding is expecting to wrap up…
Beltone Financial sells US-based brokerage Auerbach Grayson
M&A WATCH- Beltone Financial sells US subsidiary Auerbach Grayson: Beltone Financial Holding has completed the sale of its 60% stake…
Beltone, Emirates NBD tapped to manage HHD secondary offering
Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage…
Telecom Egypt not selling Vodafone Egypt stake
M&A WATCH- Telecom Egypt not exiting Vodafone Egypt: State-owned Telecom Egypt has no plans to sell its 45% stake in…
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