Tech news Egypt’s Regulator Turns Down Cypriot Bid For 16% Of Orascom Telecom Shares Yomna Yasser Jun 2, 2013 0 Egypt's financial regulator announced on Sunday its rejection of a tender offer submitted by Cyprus-based…
Indices news Orascom Construction Dutch Unit Lowers Bid Price To EGP 255/Share Yomna Yasser May 14, 2013 0 OCI N.V. has confirmed its commitment to its mandatory tender offer submitted to Egypt’s financial regulator – the…
EGX EGX 30 Ends Near 5375Pts Powered By Cabinet Reshuffle, Regulator Remarks Yomna Yasser May 7, 2013 0 As the 9 ministers announced in Egypt’s cabinet reshuffle have been finally sworn in, the Egyptian Exchange (EGX)…
EGX Egypt’s Financial Regulator Says Same-Day Trading Will Return May 23 Yomna Yasser May 7, 2013 0 Egypt’s financial regulator announced on Tuesday that the same-day trading mechanism which is known as T+0 will…
EGX Despite Hermes Deal Failure Remarks, EGX 30 Crosses 5260 Pts; Midday Yomna Yasser May 2, 2013 0 During Thursday’s midday session, the Egyptian Exchange (EGX) has posted remarkable gains of EGP 2.6 billion backed…
EGX Egypt’s Regulator Says Turned Down Hermes Deal On QInvest’s ‘Limited Expertise’ Yomna Yasser May 2, 2013 0 Egypt’s financial regulator - the Egyptian Financial Supervisory Authority (EFSA) announced on Thursday that it has…
Indices news EFG-Hermes Says No Word From Egypt Regulator On Qinvest Deal Yomna Yasser Apr 16, 2013 0 EFG-Hermes (HRHO.CA), the Middle East's largest investment bank, said on Tuesday it has not received notification…
Tech news Russia’s Altimo Confirms Offer For Sawiris’ Orascom Yomna Yasser Apr 16, 2013 0 Russian billionaire Mikhail Fridman's Altimo on Tuesday confirmed that a subsidiary has offered to buy 100 percent…
EGX Egypt’s FSA Approves Cypriot Tender Offer To Buy Orascom Telecom Yomna Yasser Apr 16, 2013 0 On Tuesday, Egypt’s financial regulator has approved the Cypriot tender offer to buy up to 100% of Orascom Telecom…
Indices news IGA Is Delaying EFG Hermes-QInvest Deal; Sources Yomna Yasser Apr 10, 2013 0 The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…