• Sunday, 2 February 2020

    EFG Hermes tops EGX brokerage league table in January

    EFG Hermes topped the EGX’s brokerage league table for January with a market share of 15.2%, according to EGX figures (pdf). Pioneers Holding came in second with a 11.7% market share, followed by CI Capital (10.5%), Pharos (6.9%), Naeem (5.9%)...
  • Sunday, 2 February 2020

    CI Capital inches closer to managing Cairo 3A Poultry on EGX

    IPO WATCH- CI Capital is reportedly the frontrunner to quarterback agriculture and commodities firm Cairo 3A’s IPO on the EGX, Al Mal reports. CI Capital co-CEO Hazem Badran told reporters last week that the investment bank is set to manage...
  • Thursday, 30 January 2020

    CI Capital says it has 4 EGX IPOs in the pipeline for this year

    IPO WATCH- CI Capital says it has 4 EGX IPOs in the pipeline for this year: Investment bank CI Capital says it has as many as four share sales by Egyptian companies on the EGX in the pipeline for execution...
  • Wednesday, 8 January 2020

    EFG Hermes tops EGX brokerage league table in December

    EFG Hermes topped the EGX’s brokerage league table for December with a market share of 32.1%, according to EGX figures (pdf). CI Capital came in second with a 12.4% market share, followed by Beltone (7.3%), Pharos (5.3%), Arqaam (4.6%), HSBC...
  • Sunday, 15 December 2019

    Zaki Hashem acts as legal advisor for National Investment Charity Fund for Education

    Zaki Hashem & Partners acted as the legal advisor for the EGP 450 mn National Investment Charity Fund for Education, the firm said in an emailed statement. Zaki Hashem set up the fund, obtained the license, and worked with fund...
  • Thursday, 5 December 2019

    Egypt’s CI’s asset management arm to manage SAIB-ADIB EGP 30 mn fund

    CI Capital’s asset management arm was awarded a contract to manage a EGP 30 mn fund jointly set up by Abu Dhabi Islamic Bank and SAIB Bank, managing director and asset management head Amr Abol Enein tells the press. The...
  • Thursday, 28 November 2019

    FRA gives Rameda green light on public subscription notice

    IPO WATCH- Market regulator gives Rameda green light on public subscription notice: The Financial Regulatory Authority (FRA) has approved Rameda Pharma’s public subscription notice (pdf) to local investors for its initial public offering on the EGX, according to a statement...
  • Tuesday, 19 November 2019

    FRA grants short selling licenses to 51 brokerages

    The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We know from previous news reports that Pharos was among the latest to acquire the license in September, joining a growing...
  • Tuesday, 19 November 2019

    FRA grants short selling licenses to 51 brokerages

    The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We know from previous news reports that Pharos was among the latest to acquire the license in September, joining a growing...

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