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NBK Egypt gets new managing director
MOVES- NBK Egypt gets new managing director: The CBE has approved the appointment of Yasser El Tayeb (LinkedIn) as managing…
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El Sisi appoints financial advisor
MOVES- El Sisi appoints new financial advisor: President Abdel Fattah El Sisi has appointed Mohamed Ibrahim Abdel Naby Nasr as…
Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation from Antaradous
DISPUTE WATCH- Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation: Amer Group and Porto Group have…
Cabinet greenlights proposed legislation on new unified tax payment system
CABINET WATCH- The Madbouly Cabinet has greenlit proposed legislation that would introduce a series of reforms aimed at simplifying the…
EFG Hermes tops brokerage league table for June
EFG Hermes topped the EGX’s brokerage league table for June with a market share of 24.7%, according to figures released…
Egyptian startup WideBot raises six-figure pre-series A funding
STARTUP WATCH- WideBot raises six-figure pre-series A funding: Egyptian chatbot building platform WideBot raised a six-figure sum in its pre-series…
Former Abraaj exec Mustafa Abdel-Wadood pleads guilty to racketeering, fraud charges
Former Abraaj exec Mustafa Abdel-Wadood pleads guilty to racketeering, fraud charges: Former Abraaj managing partner Mustafa Abdel-Wadood has pleaded guilty…
Four of 11 MENA fund managers said to increase Egypt exposure
Over a quarter of MENA-based fund managers are planning to increase their allocations to Egypt over the next three months,…
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