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Earnings watch: EFG-Hermes and Al Ezz Dekheila Steel report 2018 results
EARNINGS WATCH- EFG Hermes is proposing an EGP 0.65 / share dividend for FY2018 pending approval of the financial service…
US-based PE outfits TPG, Carlyle Group eyeing investments in Egypt
US-based private equity outfits TPG and Carlyle Group are looking at investments in Egypt amid the void left by the…
Ashry to invest EGP 4 bn in new steel manufacturing projects over three years
Ashry Steel is planning to invest EGP 4 bn in new projects over three years, bringing its total investments to…
FEI delegation visits Zambia to explore investment opportunities
A Federation of Egyptian Industries delegation led by Chairman of the African Cooperation Committee Sherif El Gabaly is visiting Zambia…
MoU on closer Egyptian-Omani investment cooperation
The General Authority for Freezones and Investments signed yesterday an MoU with Oman’s Investment Promotion and Export Development Authority for…
Investor sentiment is back in “exuberance” territory, but this could be worrisome
Investors are once again bullish on emerging markets, but the return of exuberance could be a “worrisome milestone,” Colby Smith…
EGP continues strengthening against USD, gov’t launches investment-focused initiative
Econ and business news kept the talking heads busy last night for a change as the Arab African Youth Platform…
What we’re tracking on 19 March 2019
We are, to quote corporate Egypt, “cautiously optimistic” that the weeklong news drought is slowly coming to an end. Top…
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