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Earnings watch: Elsewedy Electric reports 19.4% drop in net profits after minority interest
EARNINGS WATCH- Elsewedy Electric’s net profit after minority interest dropped 19.4% y-o-y to EGP 4.02 bn in 2019, down from…
Your top infrastructure stories of the week
Your top stories for infrastructure this week are: ECHEM signed an agreement with US construction giant Bechtel to set up…
What are lawmakers and regulators doing to avert water wars?
Whatever happened to legislation from years ago meant to help us avert the ‘water wars’? The House happened. Anyone observing…
Egypt in the News on 18 February 2020
This morning in the foreign press: Egyptian authorities have launched a criminal investigation into Patrick Zaky, an Egyptian researcher who…
Mwasalat Misr eyes growth through bus operator High Jet
M&A WATCH- Mwasalat Misr eyes growth through bus operator High Jet: Mwasalat Misr is considering purchasing transport company High Jet,…
Raya approves selling 31% stake in its transport arm
M&A WATCH- Raya approves sale of 31% stake in its transport arm: Raya Holding board of directors has agreed to…
Egypt’s talk shows on Sunday, 16 February 2020
No particular topic was driving the narrative on last night’s talk shows. The discovery of Egypt’s first covid-19 case —…
Gov’t in talks with GB Auto to manufacture tuk-tuk alternatives
The Public Enterprises Ministry is in talks with GB Auto to manufacture alternatives to tuk-tuks, which the government is bidding…
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