SPEED ROUND Archives

CIB facilities for Wealth customers

When it comes to planning your future and personal finances, CIB has your needs in mind. Before tying yourself to…

EARNINGS WATCH- Oil services outfit Maridive Group reported a net profit of USD 17.09 mn in 1H2018, up from USD…

Egypt is region’s fastest-growing tourism destination –UN World Tourism Organization. Tourist arrivals to Egypt rose 51.1% y-o-y in 2017 reaching…

**#9 US signs off on USD 1.2 bn military assistance package to Egypt: US State Secretary Mike Pompeo signed off…

LEGISLATION WATCH- CBE completes draft of new e-payments act: The CBE has completed a draft of a new e-payments act…

**#8 REGULATION WATCH- GAFI issues new guidelines for voluntary liquidation of companies: The General Authority for Freezones and Investment (GAFI)…

INVESTMENT WATCH- UAE’s Alcazar Energy looking to snag USD 500 mn in wind projects: UAE-based renewables energy firm Alcazar Energy…

**#7 M&A WATCH- Pharos said to be advising on Spinney’s sale: Our friends at Pharos Holdings are reportedly the advisers…

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