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El Nasr Mining Company to offer 22% of its shares on the EGX
PRIVATIZATION WATCH- El Nasr Mining Company to offer 22% of its shares in IPO: The Holding Company for Metallurgical Industries’…
Apache, Pharos Energy among bidders for Shell’s onshore assets
M&A WATCH- Apache, Apex, Cheiron among bidders for Shell’s onshore assets: US oil and gas producer Apache, Egyptian firms Apex…
Sodic on the offense on HHD tender
PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against…
PHD revenues fell 16% in FY2019
EARNINGS WATCH- Palm Hills Development’s net profit after tax and minority interest revenues inched up 4% y-o-y 2019 to EGP…
FRA to require Egyptian financial service firms to digitize transactions
REGULATION WATCH- The Financial Regulatory Authority (FRA) is preparing a draft law that would require financial institutions to digitize their…
House Legislation committee to review Anti-Money Laundering Act
LEGISLATION WATCH- House Legislation Committee to review Anti-Money Laundering Act: House of Representatives Speaker Ali Abdel Aal has referred the…
FRA to review Titan Group’s MTO for Alexandria Cement
M&A WATCH- Regulator to review Titan Group’s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will…
Egypt and Ukraine are the world's top destinations for sovereign debt
Egypt and Ukraine offer the world's most attractive EM bonds -Deutsche Bank: With high real interest rates, improving geopolitical situations,…
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