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EFSA issues new regulations for holding stocks in brokerage firms
The Egyptian Financial Supervisory Authority (EFSA) has issued new regulations oninvestment in brokerage firms, EFSA chief Sherif Samy announced yesterday,…
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Cabinet approves amendments to permanent residence visa procedures, penalties for harassment of tourists, and others during weekly meeting
The Ismail government approved yesterday amendments to a bill that would grantpermanent residence to foreigners who purchase real estate, according…
CPA refers 19 car showrooms to Tax Authority for alleged tax evasion
Smileyface is back: The Consumer Protection Agency has asked the Tax Authority to open investigations into 19 auto showrooms it…
Fincorp prepares valuation studies ahead of three potential 2017 IPOs
IPO WATCH- Financial consultancy firm Fincorp is reportedly working on fair value studies for three initial public offerings that could…
Kenya will be EFG Hermes’ next expansion market under frontier push
Kenya will be EFG Hermes’ next expansion market under a frontier push that has already seen it acquire a Pakistani…
Is Infor looking to invest USD 1 bn in Egypt?
Is Infor looking to invest USD 1 bn in Egypt? A delegation from enterprise software provider Infor met with EGX…
Algebra Ventures invests USD 750k in GoodsMart
Online grocery service GoodsMart has raised USD 750k from Algebra Ventures. Disrupt Africa says Algebra Ventures Managing Partner Tarek Assaad…
Feather Invest acquires a 75% stake in Arafa El Sergani Halawa and Tahini
Who said nobody’s going to invest in consumer plays this year? Private equity outfit Feather Invest has acquired a 75%…
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