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Foreign reserves fall for second consecutive month in April
Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors,…
Earnings Watch- OIH reports net losses of EGP 418 mn in 2019
EARNINGS WATCH- Orascom Investment Holding (OIH) reported a net loss of EGP 418 mn in 2019, compared to a net…
SFE, Concord sign agreement on USD 300 mn healthcare fund
INVESTMENT WATCH- Egypt’s sovereign wealth fund sets up USD 300 mn healthcare fund JV with Concord: The Sovereign Fund of…
Lebanon will not renew OIH management contract for mobile operator Alfa
OIH management of Lebanese mobile operator Alfa comes to an end after 11 years: The Lebanese government will not renew…
Instabug raises USD 5 mn series "A"
STARTUP WATCH- Instabug raises USD 5 mn in Series "A": Cairo-based startup Instabug has raised USD 5 mn in series…
What we’re tracking on 6 May 2020
It’s a relatively quiet morning in Egypt and around the world, with the biggest story on the home front being…
As good as it gets? New US-China tensions could dampen the stock market recovery
As good as it gets? New US-China tensions could dampen the stock market recovery: A string of uncertainties could conspire…
CI Capital appoints Hesham Gohar as CEO for investment banking
MOVES- CI Capital has tapped Hesham Gohar (LinkedIn) as CEO of its investment banking arm (covering IB, capital markets and…
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