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SODIC board approves Hussein Shoukry’s resignation
MOVES- SODIC board approves Hussein Shoukry’s resignation: HC Securities Chairman Hussein Shoukry’s resignation from the SODIC board was approved effective…
Americana Egypt’s profits halve in 2019
EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn…
Vezeeta raises USD 40 mn in series D funding
STARTUP WATCH- Vezeeta raises USD 40 mn in series D funding from Gulf Capital and STV: Healthcare app Vezeeta, which…
Egypt’s Supply Ministry to draft ‘unified law’ to regulate internal trade
LEGISLATION WATCH- The Supply Ministry has drafted a unified law to regulate internal trade, Minister Ali El Moselhy said at…
CIAF to submit prospectus for USD 50 mn sukuk issuance to the FRA within 2 weeks
DEBT WATCH- CIAF to submit prospectus for USD 50 mn sukuk issuance to market regulator within two weeks: Aircraft leasing…
Vodafone taps UK-based Linklaters as legal counsel in STC acquisition
M&A WATCH- Vodafone taps UK-based Linklaters as legal counsel in STC acquisition: Vodafone Group has appointed law firm Linklaters to…
Proposed amendments to Egypt’s sovereign fund law get House committee nod
LEGISLATION WATCH- House mulls tax breaks for companies owned by Sovereign Fund of Egypt: The House Planning and Budget Committee…
Fertilizers producer Evergrow mulls offering 30% stake
IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no…
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