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Small businesses to get 6-month grace period on leases for new industrial units
Small businesses will be given a six-month grace period before they have to pony up for leases on units in…
Customs officials unlikely to reduce insurance requirement for Egypt’s brokers
LEGISLATION WATCH- Brokers are unlikely to get a break on new higher insurance payments introduced under recently-ratified changes to the…
Etisalat Misr to invest EGP 5 bn in network infrastructure in 2021
Etisalat will spend EGP 5 bn to upgrade its network infrastructure and invest in advanced technologies in Egypt in 2021,…
Sarwa sukuk issuance gets green-light from regulators
DEBT WATCH- Biggest corporate sukuk yet gets regulatory approval: Sarwa Capital’s EGP 2.5 bn sukuk issuance was approved by the…
Talks of Banque du Caire IPO “premature” -sources
IPO WATCH- Talk of when Banque du Caire (BdC) might reschedule its IPO on the EGX are “premature” in light…
RenCap bullish on Egypt, sees EM inflows gaining momentum
RenCap bullish on Egypt, sees EM portfolio inflows gaining momentum: The benefits Egypt is reaping from its fiscal reform program…
EGX positioned for rebound in 2021 on strong fundamentals, positive growth outlook: Credit Suisse
The EGX is well-positioned for a comeback next year, thanks in large part to Egyptian equities currently being cheap because…
EFG Hermes, SFE to complete due diligence on AIB in February -sources
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank…
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