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Online platform XPay raises USD 250k in funding
STARTUP WATCH- Fintech startup XPay has raised USD 250k from two unnamed angel investors shortly after raising a still-not-disclosed sum…
EGX issues criteria for short selling securities
REGULATION WATCH- Would-be shorts, rejoice: The EGX has issued criteria for selecting securities eligible for short selling, it said in…
FinMin, Trade Ministry expand Egypt’s automotive incentives strategy to cover all industries
EXCLUSIVE- FinMin, Trade Ministry looking to expand automotive industry-style incentive strategy to other sectors: The finance, trade and industry ministers…
Egypt, IMF reach staff-level agreement to unlock final tranche of USD 12 bn facility
Egypt, IMF reach staff-level agreement to unlock final tranche of USD 12 bn facility: Egypt has reached a staff-level agreement…
Are EM central banks departing from monetary economics orthodoxy to keep inflation in check?
Are EM central banks departing from monetary orthodoxy to keep inflation in check? Emerging market central banks are indirectly intervening…
Enterprise poll: Central Bank of Egypt to maintain rates despite drop in April inflation
SURVEY- CBE to leave key interest rates on hold this Thursday: The Central Bank of Egypt (CBE) will likely leave…
Region watch: KSA residency for foreigners, Majid Al Futtaim’s green corporate sukuk, and the US embassy is (partially) shutting down in Baghdad
A handful of regional stories worth knowing about as we all prepare to head into the weekend: Saudi Arabia is…
Earnings watch: ADIB, ACC, B Investments, Raya, Naeem, HHD, Eastern, Obourland, EIPICO
EARNINGS WATCH- B Investments posted a net profit of EGP 35.48 mn in 1Q2019, up 5.5% y-o-y from EGP 33.53…
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