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Housing and Development Bank lands promoting + underwriting license from Egypt’s FRA
Housing and Development Bank lands investment banking license: The Housing and Development Bank has landed a license from the Financial…
Edita launches upsized strawberry, chocolate HoHos
Edita Industries has expanded its cake segment with the launch of upsized strawberry- and chocolate-flavored HoHos, according to a press…
Seven would-be consumer finance companies want to enter the increasingly crowded industry
Seven consumer finance companies have license applications in with the FRA to formally join an increasingly crowded industry, Al Mal…
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…
Adeptio loses appeal Americana MTO dispute, receives new fair value study
DISPUTE WATCH- Adeptio loses appeal Americana MTO dispute, receives new fair value study: An administrative court has rejected Adeptio’s appeal…
Egypt’s passenger car sales drop further in May as business yet to recover
Passenger car sales fell 17% y-o-y last May to 8,091 vehicles, as the sector has yet to recover from a…
Egypt’s NTRA imposes 5% fee on imported mobile phones
Expect to pay more for your next mobile phone: The National Telecom Regulatory Authority (NTRA) issued a decision yesterday imposing…
Egypt discovers gold deposit in the Eastern Desert
A gold deposit estimated to hold over 1 mn ounces was discovered in the Eastern Desert’s Iqat region, the Oil…
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