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THIS EVENING: Investors eyeing share purchases in two state-owned pharma players
Good afternoon, friends, and welcome to a new week. The news cycle is picking up pace, showing no signs that…
A Saudi suitor for Heliopolis Housing?
A Saudi takeover in the cards for Heliopolis Housing? Heliopolis Housing and Development (HHD) has denied reports in the local…
Madinet Masr announces first project outside of Cairo. PLUS: Raya CX expands in KSA, Weitz medical warehouses
The Zahw mixed-used development in Assiut will feature almost 1.3k residential units
Hungary wants more EU funding for Egypt to tackle migration
Shoukry was in Budapest yesterday to discuss economic ties, migration with the Hungarian foreign minister
Earnings watch: Telecom Egypt, MM Group, Housing and Development Bank, Raya Holding, Eastern Company, and Abu Qir Fertilizers report results
EARNINGS WATCH- Telecom Egypt reported EGP 4.1 bn in normalized net income in 1Q 2023, rising 144% y-o-y, according to…
Banque Misr could soon get a USD 260 mn loan from IFC
The bank will use the loan for on-lending to local MSMEs and women-owned SMEs
Egypt, EU discuss joint skills initiative
The initiative would provide training to Egyptian workers
VAT break on pharma imports to prevent shortage. PLUS: More AfDB money for water, Tatweer Misr eyes KSA,
This is the latest measure aimed at beefing up stocks of raw materials and products for the pharma sector
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