Taaleem Management Services (TALM) said that its public offering was covered 29.38 times on April 1st, according to Al-Mal. 

The board of directors of Telecom Egypt (TETL) proposed raising its dividend for 2020 to EGP 0.75 per share instead of EGP 0.50 per share, according to the company’s press release.

Integrated Diagnostics Holdings (IDH) received on March 22nd the Egyptian Financial Regulatory Authority’s (FRA) registration approval to proceed with a dual listing on the Egyptian Exchange (EGX), according to an emailed press release.

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has decided to maintain the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent, and 8.75 percent, respectively.