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Egypt eyes setting crude price in hedging contract at USD 64-68
Egypt eyes pricing crude at USD 64-68 in new hedging contract: Crude oil prices will be set at USD 64-68…
What we’re tracking on 17 July 2019
The Americans are coming: Economic reform has made Egypt more attractive to US investors, US Chamber of Commerce Executive VP…
Ostoul obtains primary dealer license from FRA for EGP-denominated securities
Ostoul Securities Brokerage has obtained a license from the Financial Regulatory Authority to begin in August operating as a primary…
Saudi Arabia signs EGP 125 mn-worth grants to support SMEs in Egypt
Saudi Arabia signs EGP 125 mn-worth agreements to support SMEs in Egypt: The Saudi Arabia Development Fund signed three agreements…
Blom Egypt Securities applies for short selling license
Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla…
Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off
Afreximbank dedicates USD 1 bn to support AfCFTA: Afreximbank has decided to allocate USD 1 bn to help countries that…
Fawry, Egypt’s largest IPO (since Emaar) on the horizon?
IPO WATCH- Fawry to pull the trigger on Egypt’s largest IPO (since Emaar) before Eid? E-payment platform Fawry will reportedly…
Central Bank of Egypt approves capital increase request by BdC’s Cairo International Bank in Kampala
The central bank has approved a request by Banque du Caire (BdC) majority-owned Cairo International Bank in Kampala to raise…
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