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EFG Hermes replaces Elsewedy on MSCI Global Small Cap Index
EFG Hermes replaced Elsewedy Electric on the MSCI Global Small Cap Index (pdf). The move is part of the MSCI…
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Shuaa Capital eyeing acquisitions in Egypt -Bloomberg
M&A WATCH- Shuaa Capital is assessing potential acquisitions in Egypt’s financial services industry, Bloomberg reports. The expansion could also come…
FDI in oil and gas sector has hit USD 10 bn so far this fiscal year; El Molla sounding the right note on payments to IOCs, but what about mid-sized players?
FDI in oil and gas sector up to USD 10 bn this year: Investment by international oil companies reached USD…
Egypt is “really important for us,” Dudley tells CNBC
Egypt is “really important for us,” BP CEO Bob Dudley told CNBC's Steve Sedgewick. “[BP] invested more money in capital…
Amendments to the Customs Act will expand exemptions for production inputs
LEGISLATION WATCH- Amendments to the Customs Act will expand exemptions for production inputs. The Finance Ministry announced changes to the…
Natural Gas Act exec regs are out
LEGISLATION WATCH- The Natural Gas Act is now in effect: The Ismail Cabinet appears to have finally signed off on…
Proposed Cyber Crimes Act introduced in House yesterday
LEGISLATION WATCH- The Ismail cabinet introduced its proposed Cyber Crimes Act to the House yesterday, Al Shorouk reports. A number…
Amended Consumer Protection Act also gets preliminary nod from House
LEGISLATION WATCH- The House also gave a preliminary nod yesterday to the amended Consumer Protection Act, according to Youm7, which…
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