Earnings for the the first half of the year are beginning to roll in, with Edita and Orascom Development Egypt becoming the latest to publish their financials for the period. EDITA SEES INCOME, REVENUES RISE IN 2Q- Snackmaker Edita Food Industries saw its net income increase 72.1% y-o-y to EGP 539.0 mn in 2Q 2025, […]
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Oil Ministry readies Red Sea exploration tender following exits. PLUS: EFG Foundation, Sodic, Modern Sport FC
The ministry will also offer bidding companies incentives to encourage the exploration and drilling of unexplored areas
KSA once again leads the region’s IPO chart with 13 of the 14 IPOs in 2Q 2025 -EY
IPO activity in the region remains resilient, albeit cautious, amid ongoing geopolitical tensions
AUGUST 12 August (Tuesday): Egyptian Tax Authority deadline for pre-2020 tax dispute settlement requests. 12 August (Tuesday): Capmas expected to release unemployment data for 2Q 2025. 12 August (Tuesday): National Election Authority to announce Senate election results. 28 August (Thursday): Monetary Policy Committee meeting. Mid-August: Launch of electronic platform to register Old Rent Law tenants. […]
Fresh green bond issuance may make its way to the market soon
Good afternoon, friends, and congratulations on making it to the halfway mark of the workweek. The news cycle is taking a breather, and we’d suggest you do the same. THE BIG STORY TODAY- Fresh green bond issuance may make its way to the market soon: Egypt plans to issue a new tranche of sustainable sovereign […]
Gen X professionals are getting skipped over in favor of millennials
Younger professionals are in favor, in a shift owed to the rising importance of AI adoption in the workplace
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