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Qalaa plans to list multiple subsidiaries beginning 2H2019, ERC to start trial operations by November
IPO WATCH- Qalaa plans to list some of its subsidiaries on the EGX beginning 2H2019: Qalaa Holdings is planning to…
SPEED ROUND
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SPEED ROUND
Banking Act will be ready in July
LEGISLATION WATCH- Banking Act will be ready in June: The Banking Act will be ready and presented to the Ismail…
Dana Gas reportedly reaches settlement agreement with sukuk holders
The UAE’s Dana Gas appears to have reached a settlement agreement with holders of its USD 700 mn sukuk. “A…
Expect ties with Russia to get a major shot in the arm this week
Expect ties with Russia to get a major shot in the arm this week: Foreign Minister Sameh Shoukry and Defense…
Cabinet agrees to allocate additional EGP 2.6 bn to healthcare in FY2018-19 from other ministries’ surplus
BUDGET WATCH- The Ismail Cabinet agreed to allocate an additional EGP 2.6 bn to the Health Ministry’s investment budget for…
Sky Light for Touristic Development looks to IPO
IPO WATCH- Sky Light for Touristic Development is meeting with EGX’s listing committee today to discuss IPO requirements, says Adel…
GB Auto reports 1Q2018 results
EARNINGS WATCH- Leading Automotive player GB Auto has returned to profitability, reporting a net profit after tax of EGP 33.5…
El Nasr Housing accepts Emaar’s EGP 100 mn settlement offer for Uptown Cairo dispute
El Nasr Housing accepts Emaar’s EGP 100 mn settlement offer for Uptown Cairo dispute: State-owned El Nasr Housing and Reconstruction’s…
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