}

e-finance to acquire 99.32% of Tamweely in cash, share swap deal

The extraordinary general meeting (EGM) of e-finance for Digital and Financial Investments has approved a proposal to acquire a 99.32% stake, around 2.246 million shares, in Tamweely Financial Services.

FRA extends AGL’s EGYTRANS tender offer deadline to December 21

The Financial Regulatory Authority (FRA) has granted Africa Global Logistics (AGL) an additional 60 working days to submit a mandatory tender offer (MTO) for shares in the Egyptian Transport and Commercial Services Company (EGYTRANS), as per a disclosure.

What is your expectation for Egypt’s interest rates in the next MPC meeting?