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Egypt’s economy is on track to grow this fiscal year, but needs to keep an eye on EGP flexibility + industrial investment –RenCap
EXCLUSIVE- Egypt’s economy is on track to grow this fiscal year, but needs to keep an eye on EGP flexibility…
GAFI approves 30 new projects for CPC Egypt
GAFI has approved 30 new projects by CPC Egypt for Industrial Development in Sixth of October, a cabinet statement said…
Foreign holdings of Egyptian gov’t debt sees smallest monthly dip in May
Foreign portfolio investment in May sees smallest monthly dip since the start of the pandemic: Foreign holdings of Egyptian sovereign…
Egypt’s healthcare industry players cite legislative complexities, slim profit margins as deterrents to investments
Egypt’s healthcare investors want to see legislation encouraging investments: Legislative complexities is one of the biggest challenges for the healthcare…
Earnings watch: CIB reports 1H2020 results, OIH turns a profit in 1Q2020
EARNINGS WATCH- CIB’s net profits dipped 4% y-o-y to EGP 2.6 bn in 2Q2020 on revenues of EGP 6.23 bn,…
Privatization cometh for Food Industries Holding Co factories?
PRIVATIZATION WATCH- Privatization cometh for Food Industries Holding Co factories? The Supply Ministry is looking at potentially selling off some…
Americana Egypt shareholders approve Adeptio offer price
M&A WATCH- Americana Egypt shareholders approve Adeptio offer price as market regulator approves share value methodology: Minority shareholders in Americana…
Lift Slab Egypt is expected to close EGP 94 mn purchase of Al-Wafaa for Tourism investment soon
M&A WATCH- Lift Slab Egypt is expected to close its acquisition of an 85.2% stake in Al Wafaa for Tourism…
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