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Capital market authorities consider lowering EGX fees
REGULATION WATCH- Regulators are considering lowering fees on stock market transactions in an ongoing effort to mitigate the effect of…
GAFI issues regs on how preferred shares work in Egypt
REGULATION WATCH- Tweaks to regulations on how preferred shares (or preference shares, if you prefer) work: The General Authority for…
Education Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20
BUDGET WATCH- Let the horse-trading begin: The Education Ministry wants an additional EGP 11 bn in FY2019-20 budget. The annual…
FinMin studies setting a ceiling on Egypt’s healthcare tithe next year
EXCLUSIVE- FinMin studies setting a ceiling on healthcare tithe next year: The Finance Ministry is studying a proposal that would…
Qalaa Holdings expects revenues to exceed EGP 90 bn next year
Qalaa Holdings expects to record revenues north of EGP 90 bn (USD 5.25 bn) next year, Chairman Ahmed Heikal told…
Earnings watch: CIB, Emaar Misr report 1Q2019 results
EARNINGS WATCH- Our friends at CIB delivered a 31% y-o-y increase in net income of EGP 2.64 bn in 1Q2019…
Egypt’s FX reserves reach USD 44.218 bn at end-April
Egypt’s foreign reserves were essentially unchanged at USD 44.218 bn at the end of April, up slightly from USD 44.112…
Egypt is one of Franklin Templeton’s top three global market picks for growth
Egypt is one of Franklin Templeton’s top three global market picks for growth, Zawya reports. Salah Shamma, co-head of MENA…
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