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El Sisi ratifies amendments to Egypt’s Central Depository Act
President Abdel Fattah El Sisi has signed into law recently approved changes to the Central Depository Act, according to a…
Americana Egypt shareholders approve Adeptio offer price
M&A WATCH- Americana Egypt shareholders approve Adeptio offer price as market regulator approves share value methodology: Minority shareholders in Americana…
The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
What we’re tracking on 8 July 2020
Good morning, nice people, and welcome to the day the team here thinks of as “almost-THURSDAY.” Yes, in all-caps. Tuesday…
Egyptian consumer finance firm Sarwa looks to set up transferable value fund
Sarwa Capital filed with the Financial Regulatory Authority (FRA) to set up a “transferable value” fund, a new type of…
Court postpones ruling on Raya dispute as founder Medhat Khalil seeks settlement
DISPUTE WATCH- Court postpones ruling on Raya-FRA dispute as founder Medhat Khalil seeks settlement: The Cairo Economic Court has postponed…
Your next phone is really going to cost a lot more
Your next mobile phone is definitely going to cost more as it is hit with two surtaxes: Imported mobile phones…
Medhat Khalil pays EGP 10 mn fine to Egypt’s FRA over Raya ownership limits
DISPUTE WATCH- Medhat Khalil pays EGP 10 mn fine to FRA over Raya ownership limits: Medhat Khalil has paid an…
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