Coverage of Egypt in the foreign press this morning is dominated by wire pickups of security forces killing a Daesh militant during a raid in North Sinai’s Al Arish. Security forces killed Ahmed Hassan Al-Nashu, a Daesh leader responsible for carrying out terrorist operations and recruiting new members for Ansar Bayt Al Maqdis, according to an Interior Ministry statement. Another militant escaped, the ministry said.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…