EFG-Hermes Approves $144 mln Share Buyback Plan
The Board of Directors of EFG Hermes Holding S.A.E. (HRHO.CA) has approved a plan that was put forth by the…
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Egyptian Financial Supervisory Authority
Egypt Regulator Announces CBE’s Pact on Bonds, ETFs Launch within Days
Egypt's market regulator is planning to increase the size of bonds traded in the country's bourse as well as to…
Palm Hills: Second Phase in Rights Issue 32.18 Times Covered
Palm Hills Development (PHD) (PHDC.CA) said the second phase of its subscription to remaining secondary shares was…
Egypt’s FSA Becomes an Associate Member at IFIGS
The International Forum of Insurance Guarantee Scheme (IFIGS) has announced its approval to name the Egyptian…
Egyptian Financial Regulator to Retry Sukuk Rules in Early 2014
Egypt's financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or…
Citadel Says to Open Subscription to Secondary Shares Dec. 24
Citadel Capital announced it obtained the approval of the Egyptian Financial Supervisory Authority (EFSA) on…
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
The Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization…
Africa Re Eyes New Expansions in Brazil, China
African Reinsurance Corporation (Africa Re) is planning to make overseas expansions in Brazil and China within the…
Africa Re Eyes US$770 mln Premiums by 2014-end
African Reinsurance Corporation (Africa Re) is planning to attain total premiums of US$ 730 million by the end of…
Egypt Regulator: First Microfinance Law Gets Underway Soon
Egypt's financial regulator has completed drafting the first microfinance law, Amwal Al Ghad has quoted the Chief…
