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Arabia Investments wins appeal in years-long lawsuit against Peugeot
A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in…
THIS MORNING: More measures to support the EGX coming today + Ukraine war is putting pressure on emerging debt
Good morning, wonderful people, and welcome to a new reality. We’ve been saying for some weeks now that the Madbouly…
Banks have until September to comply with new capital requirements
Banks now have until 14 September to comply with the new capital requirements in the 2020 Banking Act after the…
FAB could sell payments business, Delek rebrands
Brookfield eyes FAB’s payment business: Canadian asset management giant Brookfield is reportedly in talks to acquire Magnati, First Abu Dhabi…
Interested in an acquisition in the non-bank sector? You’ll soon need approval to start due diligence
You will soon need to get regulatory approval before conducting due diligence on non-banking financial institutions, according to a decision…
Last Night’s Talk Shows: Merck covid pill approved for use in Egypt + El Sisi holds talks with Algerian prez
Our meds regulator’s decision to approve Merck’s antiviral covid-19 pill Molnupiravir for emergency use was the talk of the talk…
Egyptian Drug Authority approves Merck antiviral pill
The Egyptian Drug Authority (EDA) has approved Merck’s antiviral covid-19 pill Molnupiravir for emergency use, making Egypt the first country…
THIS MORNING: It’s Day 2 of the Davos Agenda + Brent hits highest level since 2014
Good morning, friends, and welcome to an incredibly busy issue packed with news of SPACs, IPOs, new debut issuance and…
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