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Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt
M&A WATCH- Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt: Bahrain’s Arab Banking Corporation (Bank ABC) has…
Salah Diab faces new charges of illegal factory purchase
Businessman Salah Diab is facing fresh charges that he acquired the EGP 70 mn Queen Wooden Products Factory in 2013…
El Sisi ratifies law redrawing electoral constituencies
LEGISLATION WATCH- President Abdel Fattah El Sisi ratified on Monday a bill redrawing Egypt’s electoral districts into 143 single-member constituencies…
Government to establish vocational schools accreditation authority
REGULATION WATCH- Government to establish vocational schools accreditation authority: The ministers of education and manpower met yesterday to discuss legislation…
FinMin ups discounts on consumer goods to boost spending
FinMin ups discounts on consumer goods to boost spending: Ration card holders will receive a 14% discount on goods covered…
EBRD could support small-caps facing new sponsor regs
Nilex companies could get a hand from the EBRD in move designed to draw interest to the small-cap exchange: The…
Ibrahim Ashmawy appointed chairman of forthcoming commodity exchange
Egypt’s new commodity exchange just got a new chairman as we inch closer to launch: Internal Trade Development Authority Chairman…
Premium Card closes EGP 182 mn securitized bond issuance
DEBT WATCH- Premium Card closes EGP 182 mn securitized bond issuance: Premium Card has closed the third issuance of its…
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