Despite Hermes Deal Failure Remarks, EGX 30 Crosses 5260 Pts; Midday
During Thursday’s midday session, the Egyptian Exchange (EGX) has posted remarkable gains of EGP 2.6 billion backed…
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Egyptian Financial Supervisory Authority
Egypt’s Regulator Says Turned Down Hermes Deal On QInvest’s ‘Limited Expertise’
Egypt’s financial regulator - the Egyptian Financial Supervisory Authority (EFSA) announced on Thursday that it has…
Hermes, QInvest Declare JV Agreement Expiration
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, and QInvest, Qatar’s leading investment bank,…
Egypt-Turkey Bourse Alliance Comes Into Force By Sept-End: Official
The anticipated joint trading project between the Egyptian and Turkish stock exchanges will come into effect by the…
Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
New Committee Formed To Adopt FATCA, includes Egypt Central Bank, FSA
Gamal Negm, Deputy Governor of the Central Bank of Egypt (CBE), announced the formation of a new committee –…
EFG-Hermes Says No Word From Egypt Regulator On Qinvest Deal
EFG-Hermes (HRHO.CA), the Middle East's largest investment bank, said on Tuesday it has not received notification…
Egypt Premier Pledges Hermes-QInvest Deal Completion This Week – Sources
Egypt’s Prime Minister Hisham Kandil, vowed Hermes-QInvest takeover deal’s completion procedures before the…
Egypt’s FSA Approves Cypriot Tender Offer To Buy Orascom Telecom
On Tuesday, Egypt’s financial regulator has approved the Cypriot tender offer to buy up to 100% of Orascom Telecom…
Exclusive – Who’s Who To Adopt EGX’s Same-Day Trading
The Egyptian Exchange’s management has released on Sunday the list of the EGX-listed firms qualified to practice a…