CORRECTION- Amendments to the capital market law gives the Financial Regulatory Authority the power to suspend trading on the EGX by specific investors without a court ruling, not brokerage houses as we reported on Thursday. The confusion arose from the interpretation of the word “المتداول” by the English-language report we cited. H/t Mohamed E. and Abdel Wahab M. The story has been updated on our website.

CORRECTION- Schlumberger will invest USD 60 mn in a new data center in Egypt, not USD 60 bn as we noted in passing in Thursday’s issue — our apologies for the typo. H/t Sam W. The story has been updated on our website.

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