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TONIGHT: It’s a slow afternoon for news in Egypt
Happy hump day, ladies and gents. We hope you (and the kids) are excited that we’re now on the downhill…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
Construction firm bags EGP 12 bn loan to finance Abu Qir port development
Construction outfit Gharably Integrated Engineering Company (GIECO) is set to receive a huge loan to develop the Abu Qir port,…
THIS MORNING: It’s PMI day; EgyptAir flights to Kuwait return today; Enterprise Bupa poll lands tomorrow
Good morning, wonderful people, and welcome to the first full week of September. How is it already the fifth of…
SPMD threatens legal action in response to allegations of market manipulation
Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media…
Banque du Caire’s net income, revenues grow y-o-y in 1H2021
Banque du Caire’s (BdC) net income grew 7% y-o-y in 1H2021 to EGP 1.8 bn, up from the EGP 1.7…
CBE OKs acquisition of 76% of AIB by EFG and SFE
CBE gives final thumbs up to Arab Investment Bank acquisition: EFG Hermes and the Sovereign Fund of Egypt (SFE) have…
Earnings: Heliopolis Housing, Housing and Development Bank + MB Engineering
Minapharm Pharma bottomline more than doubled during 2Q2021, recording EGP 130.5 mn compared to EGP 48.2 mn last year, according…
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