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Bank ABC asks central bank to start due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC asks CBE for green light to start due diligence on Blom Bank: Bahrain’s Arab Banking Corporation…
Egypt’s Consumer Protection Authority rules parents are getting back 25% of last year’s school bus fees
It’s official: Parents are entitled to a 25% refund of last year’s school bus fees. The Consumer Protection Authority (CPA)…
FRA stress test shows “strength” of Egypt’s NBFS institutions, says Omran
FRA stress test shows “strength” of NBFS institutions, says Omran: The FRA put out astatement yesterday on the results of…
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19. Commercial…
Egypt: consumers can now take out debt to finance insurance, sporting club memberships
REGULATION WATCH- Consumers can now take out debt to finance sporting club memberships, insurance policies: The Financial Regulatory Authority (FRA)…
Egypt’s EDA, Upjohn, Iqvia to automate prescription-only meds distribution
Egypt’s pharma regulator EDA has signed a cooperation protocol with Pfizer's Upjohn and healthtech company Iqvia to better control the…
Egypt’s banks can now hold larger stakes in payment processing companies
REGULATION WATCH- Banks are now allowed to hold larger stakes in payment processing companies after the Central Bank of Egypt…
Beltone awaits US regulatory approval for Auerbach Grayson sale, to launch consumer finance arm within ‘weeks’
M&A WATCH- Beltone Financial is waiting on US regulatory approval to complete the sale of its 60% stake in New…
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