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Endeavor to acquire Semafo in June, creating West Africa’s largest gold producer
M&A WATCH- Endeavor to acquire Semafo in June, creating West Africa’s largest gold producer: Canada’s Endeavour Mining will acquire Toronto-listed…
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings: Strong international reserves and the…
CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback.
CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback. There are signs…
Egyptian equities join world’s top performers as EGX soars on CBE intervention
Egyptian equities join world’s top performers as EGX soars on CBE intervention: The benchmark EGX30 joined the ranks of the…
Banque Misr’s El Etreby named FEB chairman
MOVES- Banque Misr’s El Etreby named FEB chairman: Banque Misr Chairman MohamedEl Etreby has been selected to succeed CIB’s Hisham…
World Bank gives social housing funding program a USD 500 mn boost
World Bank gives social housing funding program a USD 500 mn boost: The World Bank is increasing by USD 500…
Gov’t to award two-year exploration licences for winning bids in mineral exploration round
Gov’t to award two-year exploration licences for winning bids in mineral exploration round: Companies awarded blocks in Egypt’s ongoing international…
Maridive in talks with creditors as it struggles with covid-19, plunging oil prices
Maridive is in talks with creditors as it struggles with covid-19, plunging oil prices: EGX-listed Maridive & Oil Services is…
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