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Boards of banks in Egypt can meet a little less frequently now if they want, CBE says
REGULATION WATCH- Bank boards can meet a little less frequently now, central bank says: The CBE issued new regulations that…
Insurance companies not happy with capital requirements in Insurance Act
LEGISLATION WATCH- Insurance companies object to high capital requirements in Insurance Act: The industry association representing the nation’s insurance company…
Egyptian contractors ready to start work on NAC light railway
OC, Hassan Allam among five contractors working on NAC light railway: Our friends at Orascom Construction and Hassan Allam are…
Al Nowais, EETC to sign power plant agreement in 1Q2019
INVESTMENT WATCH- Al Nowais, EETC to sign coal power plant agreement in 1Q2019: Al Nowais will sign a contract with…
AlGioshy Steel eyes 4Q2019 EGX debut
IPO WATCH- AlGioshy Steel is considering listing 40% of its shares on the EGX in 4Q2019 to fund its local…
Develop a solid industrial base or return to the IMF, AUC prof writes for Bloomberg
Reforms alone may not be enough to wean Egypt off the IMF: The government’s economic reform program won’t address Egypt’s…
Egypt’s GDP growth in 2Q2018-19 reaches 5.5%
Egypt’s GDP growth is still accelerating: Economic growth accelerated to 5.5% in 2Q2018-19, up from 5.3% in 1Q2018-19 and 5.3%…
Eurobond issuance to take place within the next two months
Eurobond issuance to take place within the next two months: The Finance Ministry is planning to take its international issuances…
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