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Tax Authority reportedly takes action to seize EGP 990 mn from GTH
Tax Authority reportedly takes action to seize EGP 990 mn from GTH: Global Telecom Holding (GTH) said it has received…
SPEED ROUND
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EFG’s Rx Healthcare fund receives USD 27 mn in investment -sources
INVESTMENT WATCH- EFG Hermes’ Rx Healthcare fund has managed to raise USD 27 mn, sources told Al Mal. The paper…
EKH submits Delta Insurance MTO for approval
M&A WATCH- Egypt Kuwait Holding (EKH) has placed a mandatory tender offer for 66.97% of Delta Insurance’s shares at EGP…
Finance Ministry to unveil details of state IPO program this month
IPO WATCH- The Finance Ministry will unveil the details of the state IPO program in the second half of January,…
CBE reserves grow to USD 37.02 bn in December
The central bank’s net international reserves grew to USD 37.02 bn at the end of December, the central bank announced…
CORRECTION: EFG Hermes tops brokerage league tables for January
CORRECTION- EFG Hermes topped the EGX’s brokerage league tables for December with a 15.55% market share, according to figures released…
2017 was the safest year ever for commercial airlines
2017 was the safest year for commercial airlines, Dutch aviation consulting firm To70 and the Aviation Safety Network say, according…
Saudi’s Guava ban comes into effect on 18 January
Saudi Arabia’s ban on Egyptian guava imports comes into effect on 18 January, sources from the central quarantine administration tell…
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