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Lagarde praises Egypt’s commitment to economic reforms
IMF Managing Director Christine Lagarde praised the Egyptian government’s commitment to the economic reform program in an interview with Al…
SPEED ROUND
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SPEED ROUND
EGX had reportedly been investigating El Nozha Int’l stocks prior to complaint
EGX had reportedly been investigating trade in El Nozha shares prior to complaint: The EGX is currently investigating transactions on…
CI Capital eyes UAE expansion through brokerage firm acquisition
M&A WATCH- CI Capital is looking to acquire a brokerage firm in the UAE as part of its regional expansion…
Polish company to build EGP 1.5 bn infant formula plant
INVESTMENT WATCH- Polish group to build EGP 1.5 bn baby formula plant: Poland’s Polva Group plans to build what it’s…
M2 money supply up 20.9% y-o-y in December 2017
Egypt’s M2 Money Supply climbed 20.9% y-o-y at the end of December to stand at EGP 3.2 tn (USD 181.33…
Finance Minister to sign off on agreement exempting LCs from stamp tax
Finance Minister Amr El Garhy is reportedly days aways from signing off on an agreement that would exempt banks from…
FRA issues tighter KYC regs to control access to investor data in capital market
Bye-bye, days of easy shareholder ID as FRA issues tighter KYC regs? The Financial Regulatory Authority (FRA) issued new information…
Correction
CORRECTION- The Egyptian Competition Authority announced on Tuesday that officials from Qatar’s BeIN Sports, including Chairman Nasser Al-Khelaifi, had been…
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