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To cut or not to cut: Analysts weigh in on the MPC’s next move
Four of the nine analysts and economists we surveyed see the MPC cutting rates
IFC, CIB to help energy-intensive industries slash emissions
PLUS- Osool ESB’s board approved Abu Dhabi-based Amass Investments’ offer to acquire a EGP 100 mn stake
Egypt’s net foreign assets dropped 12% to USD 5.2 bn in December
The decline was driven by a widening deficit in the net foreign assets of commercial banks
Egypt’s foreign reserves inch up USD 156 mn in January to USD 47.3 bn
FX reserves declined to USD 35.8 bn in January
Mohamed Talaat, head of retail banking at Mashreq Egypt
We’re preparing to roll out Mashreq Neo and e& Mashreq Neo credit cards this month
Logic Holding snaps majority stake in Nexel
The acquisition plays right into Logic’s growth plans across key markets in the region
CIRA Education, Mashreq Bank report earnings
CIRA Education reported 87% y-o-y growth in net income in the three-month period ending 30 November
Gov’t on the lookout for new partner for USD 2.3 bn pumped storage hydropower project in Ataka. PLUS: KFH Egypt, Dsquares + Prepit, CI Capital, Aria Technologies, MM Group, Coca Cola
China's SinoHydro initially inked an agreement to build the 2.4 GW project all the way back in 2015
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