• Monday, 16 December 2019

    What we’re tracking on 15 December 2019

    It’s not the busiest of mornings, but there’s more news today than there was trading on the EGX yesterday, where total turnover was an anaemic EGP 205 mn, or 72% below the trailing 90-day average. Reuters’ Arabic service has picked...
  • Thursday, 12 December 2019

    Increased digitization and monopolization could make capital markets less shock-resistant

    AI is accelerating concentration in capital markets — and regulators are worried: AI is starting to make inroads into capital markets, with computer-driven funds now constituting a fifth of US equity assets under management. But regulators fear that the machine-learning...
  • Tuesday, 10 December 2019

    Mariout Hills signs agreement to set up USD 11 mn tech park on Egypt’s north coast

    Mariout Hills has signed an agreement with a Swiss-German consortium to set up a technology park specialized in software development in its sustainable Eco City on the north coast, Mariout Chairman Ahmed Hassan said. The park is expected to cost...
  • Tuesday, 3 December 2019

    Egypt launches new website for immigration authority

    The government has launched a new website for the Passports, Immigration, and Nationality Administration, according to an Interior Ministry statement. The website is currently only available in Arabic, and can be used for 35 services, including nationality requests and immigration...
  • Tuesday, 3 December 2019

    Elsewedy Electric to install intelligent transportation systems on six roads in Egypt

    Elsewedy Electric is implementing a EGP 1.8 bn project to install intelligent transport systems on six roads in Egypt, according to the local press. Roads in Alexandria, Cairo, Ain Sokhna, Ismailia, Port Said, and Cairo-Suez will be fitted with the...
  • Monday, 2 December 2019

    Ebtikar to invest EGP 35 mn in non-banking financing, e-payment apps in Egypt

    Ebtikar to invest EGP 35 mn in non-bank financing, e-payment apps: B Investments’ Ebtikar for Financial Investment has earmarked EGP 35 mn to invest in non-bank financing and e-payment startups as part of the company’s ambitious expansion plans, Chairman Aladdin...
  • Monday, 2 December 2019

    Egyptian tech investment fund A15 plans to invest EGP 250 mn

    INVESTMENT WATCH- Tech investment fund A15 plans to invest EGP 250 mn over the coming period in fintech, e-commerce, digital advertising technology, and digital development projects, CEO Fadi Antaki tells Hapi Journal. The investments will be distributed between A15 and...
  • Sunday, 1 December 2019

    The way investment analysis is being sourced and consumed is changing

    Squeezed by regulation and passive investing, investment analysis is being reshaped: Financial regulations and the growth of passive funds is causing investment research to undergo radical changes, the Financial Times reports. Europe’s Mifid II regulations — a response to the...
  • Sunday, 1 December 2019

    Can emerging markets still emerge?

    Can emerging markets still emerge? The rapid pace at which jobs are automated and declining birth rates will make it harder for emerging markets to escape the middle income trap and transition to developed country status, writes Christopher Wood, global...

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