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CIRA moves closer to raising its stake in CAED + Raya Holding submits MTO to increase its stake in RCX
CIRA’s transaction is valued at EGP 80.8 mn, according to our math
CBE cuts interest rates by 200 bps
Good morning, friends, and happy weekend. We’re being treated to cooler-than-usual weather this weekend, and to that we say: thank…
Turkish, Chinese firms line up over USD 200 mn in local textile, tourism projects
China’s Everfar Textile Egypt is investing USD 130 mn to set up a textile and ready-made garments facility
New Turkish and Chinese investments incoming
Good afternoon, friends, and happy hump day. It’s another calm day on the newsfront, and we’ve got some good news…
How counterfeit cables threaten Egyptian lives and the economy
Unlicensed factories are flooding Egypt with substandard cables, fueling deadly fires and exposing the economy to mounting risk
Bank NXT unveils its new Private segment
BANKING- Bank NXT rolled out its new Private segment tailored for high-net-worth individuals with a minimum balance of EGP 20…
Could we see Egyptian Iron and Steel Company make its return?
The Egyptian Iron and Steel Company was once a big player on the EGX30, before falling into liquidation
USD rebounds against EGP
Good morning, friends, and happy weekend. As temperatures rise, so do our collective desires to stay in, pick up a…
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