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Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
Egypt’s FRA postpones Beltone appeal hearing again
FRA postpones hearing on Beltone appeal to 17 December: The Financial Regulatory Authority has postponed to Monday, 17 December is…
What exactly is CBD anyway?
What exactly is CBD anyway? Consumer products of cannabidiol (CBD) are expected to reach USD 1 bn by 2020. But…
Unnamed foreign bank interested to fund Raya MTO
M&A WATCH- Int’l bank may back Medhat Khalil’s take-private bid for Raya: An unnamed international investment bank could finance Medhat…
FRA sets framework for Egypt’s sukuk issuers
REGULATION WATCH- FRA sets framework for sukuk issuers: The Financial Regulatory Authority (FRA)has set the regulatory framework for sukuk issuers…
EOS to introduce a new standard for “sustainable procurement” in Egypt
REGULATION WATCH- EOS to introduce a new standard for “sustainable procurement” in Egypt: The Trade Ministry’s Organization for Standardization and…
Egyptian Exchange to roll out short-selling in first quarter of 2019
REGULATION WATCH- The EGX is looking to roll out short-selling as early as 1Q2019, EGX boss Mohamed Farid is quoted…
Change in tax treatment of treasury holdings won’t take effect until measure passes Egypt’s House; expect more news today
Change in tax treatment of treasury holdings won’t take effect until measure passes the House; expect more news today: The…
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