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TONIGHT: CBE backs AIB acquisition + Dubai could be the MENA crypto capital. Also, watch Hacks tonight and eat at Kazoku
Good afternoon, ladies and gentlemen, and we hope you’re trying to milk as much of the August slowdown as we…
Previously vaccinated would-be travellers are inching closer to those precious boosters
The Health Ministry has received the first list of requests from previously vaccinated Egyptians who want to get a second…
More EBRD finance for the Cairo Metro?
Egypt could receive an EUR 250 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance upgrades…
Germany has EUR 151 mn for development in Egypt
Egypt will receive EUR 151 mn in grant money from Germany to support development projects, the International Cooperation Ministry said…
Heliopolis Housing to move from Public Enterprises to Companies Act purview
Other things we’re keeping an eye on this morning: Heliopolis Housing is on course to become a joint stock company…
Fawry, MM Group, ODE all report stellar earnings in 2Q2021
EARNINGS WATCH- Fawry’s net income rose 7% to EGP 51.4 mn in 2Q2021, up from EGP 47.9 mn in the…
Ibnsina net income up 45% in 2Q2021
EARNINGS WATCH- Ibnsina Pharma saw its net income rise more than 45% to EGP 56.3 mn in 2Q2021, compared to…
State-owned NIB prepares for liquidation
SMART POLICY- State-owned NIB prepares for liquidation: The government is moving ahead with its plan to liquidate the National Investment…
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