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What we’re tracking on 26 March 2020
We are in the final minutes of the country’s first nighttime curfew in some seven years, and the streets were…
Food
What we’re tracking on 25 March 2020
The biggest news of the day: A daily curfew from 7pm-6am goes into effect this evening for at least two…
Egyptian fitness startup ElCoach raises undisclosed USD six-figure seed funding
STARTUP WATCH- Egyptian Fitness startup ElCoach has raised USD six-figure seed funding from investors that include Endure Capital, 500 Startups…
What we’re tracking on 16 March 2020
It’s another big news day, and there’s more in store after the EGX plunged 9.3% yesterday (it’s worst one-day selloff…
Cabinet approves dual taxation agreement with Cyprus
CABINET WATCH- Cabinet approves dual taxation agreement with Cyprus: The Madbouly Cabinet approved yesterday a 2019 agreement to renew Egypt’s…
Orascom, Obour Land, MM Group and EG Kuwait Holding Co. are lining up for stock buybacks
Orascom, Obour Land, Raya, MM Group and EKH jump on the stock buybacks wagon: Orascom Development Egypt (ODE), Raya Holding,…
Russia and Bangladesh begin importing Egyptian onions
Russia and Bangladesh have begun importing Egyptian onions, Ahmed Al Attar, head of the Agriculture Ministry’s Quarantine Authority, tells Al…
Almarai receives USD 100 mn EBRD loan for Egypt, Jordan investment
The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…
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