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National Bank of Kuwait CEO Hassan steps down
MOVES- Yasser Ismail Hassan will step down as managing director of the National Bank of Kuwait effective from mid-May, Hassan…
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Audi CEO Fayed steps down
MOVES- Mohamed Abbas Fayed (bio) has resigned as CEO and managing director of Bank Audi, effective end-April, Al Mal reports.…
Earnings watch: Orascom Construction reports 2018 results
EARNINGS WATCH- Orascom Construction (OC) reported net income attributable to shareholders in 4Q2018 of USD 33.1 mn, up 635.6% y-o-y…
FRA agrees to membership requirements for planned sukuk supervisor
REGULATION WATCH- FRA agrees to membership requirements for planned sukuk supervisory committee: The Financial Regulatory Authority’s (FRA) board of directors…
Amer Group shareholders reject board’s decision to delist from EGX
Amer Group minority shareholders say no to delisting decision: Minority shareholders of developer Amer Group shareholders have said no to…
Central Bank of Egypt, Misr Clearing working on regs for derivatives trading
REGULATION WATCH- EGX, Misr Clearing working on regulations for derivatives trading: Misr for Central Clearing, Depository & Registry (MCDR) and…
Speed Medical to debut on EGX in six months after upcoming NileX IPO
IPO WATCH- Speed Medical is planning to IPO on the EGX within six months of listing of 25% of its…
Hassan Allam suspends IPO plans
IPO WATCH- Hassan Allam Holding puts IPO on the shelf for now: Leading construction and engineering group Hassan Allam has…
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