Soliman’s resignation was somewhat expected, with one source stating that the government was looking to introduce fresh faces into key positions as part of a broader reshuffle
The newly-launched EGX33 index, consisting of 33 selected companies from various sectors listed on the EGX, adheres to a methodology approved by the Shariah Supervisory Committee
El Said, speaking at the Joint annual meeting of the Arab financial institutions in Cairo, mentioned that the government is presently engaged in evaluating offers and intends to make a selection soon
Act Financial intends to use 100% of the IPO proceeds to increase the company’s capital without any exit from existing shareholders
Raya Holding intends to make available a portion of the shares of Raya Information Technology, ranging from 30% to 35%, to potential investors
