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A copy of the Ride-Hailing Apps Act just got leaked to the press
LEGISLATION WATCH- A copy of the Ride-Hailing Apps Act has leaked to the press: The current draft of the Ride-Hailing…
SPEED ROUND
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SPEED ROUND
Egyptera to meet in two weeks to discuss pricing formula for July power bill hike
Egyptera to meet in two weeks to discuss pricing formula for July power bill hike: The Egyptian Electric Utility and…
Fine Hygienic Holding appoints James Michael Lafferty as new CEO
MOVES- Paper products outfit Fine snags globally experienced exec as new CEO: Fine Hygienic Holding has appointed globally experienced exec…
Looks like TE might be going after OTMT’s MENA Cables after all
M&A WATCH- It looks like TE might be going after OTMT’s MENA Cables after all. Telecom Egypt said it is…
Investors acquire 100% of Arab Finance
M&A WATCH- A group of investors have acquired 100% of retail-focused brokerage Arab Finance, according to a company release. The…
EFG Hermes receives green light to launch factoring business, plans to bring it online by 3Q2018
EFG Hermes has received regulatory approval to offer factoring services in the Egyptian market this year. The company announced yesterday…
FRA approves new listing regs that raise freefloat requirement
FRA approves new listing regs that raise freefloat requirement: The Financial Regulatory Authority (FRA) signed off yesterday on amendments to…
Abiy Ahmed is Ethiopia’s new prime minister
Ethiopia’s ruling coalition elected yesterday Abiy Ahmed as the country’s new prime minister and chairman of the coalition, according to…
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