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Egypt’s CIB taps JP Morgan’s Jay-Michael Baslow as non-exec board member
MOVES- CIB has asked Jay-Michael Baslow (LinkedIn) to join its board of directors as a non-executive, independent member, the banksaid.…
Regional leaders are starting to feel the pressure as stranded oil tanker in Yemen poses threat to the Red Sea
A stranded oil tanker off the coast of Yemen poses an existential threat to the Red Sea: An environmental catastrophe…
Three new accounting standards postponed until 2021
New accounting standards pushed to next year: The introduction ofthree EgyptianAccounting Standards (EAS) to bring parts of the EAS in…
Private sector role in universal health coverage to be clarified in legislative amendments
LEGISLATION WATCH- The private sector’s role in the new universal healthcare system will be clarified in a new bill: The…
TMG sukuk to be listed on EGX on Sunday
TMG sukuk to be listed on EGX on Sunday: Talaat Moustafa Group’s EGP 2 bn sukuk issuance will be listed…
A blockbuster gold discovery may have killed Sawiris’ chances of nabbing Shalateen Mining
A blockbuster gold discovery may have killed Sawiris’ chances of acquiring Shalateen Mining: Naguib Sawiris’ interest in a majority stake…
Orascom Financial Holding strategy to arrive by year’s end -Sawiris
Orascom Financial still working on plans for subsidiaries + investments, including potential sell-down of stake in Sarwa: Newly formed Orascom…
EBRD, CDC also in the running to acquire Egypt’s Adwia?
M&A WATCH- EBRD, CDC also in the running to acquire Egypt’s Adwia? Pharma manufacturer Adwia is still up for grabs,…
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