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Helmy, Hamza & Partners wins IFN Law award
KUDOS #2- Helmy, Hamza & Partners were selected as the winner of the IFN LawAwards’ capital markets category, according to…
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Yasmine Khamis appointed Oriental Weavers non-executive chairman
MOVES- Yasmine Khamis has been tapped to become Oriental Weavers’ non-executive chairman, replacing Salah Abd El Aziz who will become…
House Legislative committee greenlights Bankruptcy Act amendments
LEGISLATION WATCH- Changes to the Bankruptcy Act that would give creditors more power to decide the future of bankrupt businesses…
Egypt’s CPA goes after schools refusing 25% refund of last year’s school bus fees
CPA goes after schools refusing 25% refund of last year’s bus fees: Three unnamed schools and a private university were…
Egypt’s valU, El Gouna school sign tuition payment agreement
valU, El Gouna school sign tuition payment agreement: EFG Hermes’ consumer finance arm valU has signed an agreement with El…
AluNile eyes stakes in building materials companies in 2021
M&A WATCH- Ezdehar’s Nile Aluminum and Metals Company (AluNile) is eyeing stakes in other building materials companies and could start…
Blom Bank Egypt sale could wrap in November, sources say
M&A WATCH- Blom Bank’s sale of its Egypt arm could be completed in November, with offers from Emirates NBD and…
Egypt’s Finance Minister Maait talks economy in IMF, World Bank meetings
INVESTMENT WATCH- FinMin pitches investment strategy, improving economic landscape to investors: Egypt is prioritizing investments in the transport, oil and…
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