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Khalil bids to take Raya private following Egypt’s FRA decision
M&A WATCH- Khalil launches bid to take Raya private: Raya Holding founder Medhat Khalil has submitted a mandatory tender offer…
Emaar backs off from 1,500 feddan residential project in Egypt’s new capital
Have talks broken down between Emaar and the new capital authority? Bloomberg reported on Monday that talks between Emaar and…
EFG Hermes tops brokerage league table for December
EFG Hermes topped the EGX’s brokerage league table for December with a market share of 21.9%, according to figures released…
Egypt’s M2 Money Supply grows 14.4% y-o-y in November
Egypt is printing money at a slower pace: Egypt’s M2 money supply grew 14.04% y-o-y at the end of November…
Sarwa Capital applies for sukuk issuer license
Sarwa Capital applies for sukuk issuer license: Consumer- and structured-finance player Sarwa Capital has submitted a request to the Financial…
FRA completes first draft of Consumer Credit Act
LEGISLATION WATCH- FRA completes first draft of Consumer Credit Act: The Financial Regulation Authority finished writing the first draft of…
Egypt looking to make Takaful and Karama handouts contingent on children’s school attendance
Smart government policy: Takaful and Karama handouts will be contingent on school attendance: The Social Solidarity Ministry will make families’…
Egypt’s GDP growth to hit 6% this year, driven by infrastructure projects, says Beltone
Egyptian economy to grow 6% this year, driven by infrastructure projects, says Beltone: The Egyptian economy is expected to grow…
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