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Court upholds death sentence for Ikhwan members
The Court of Cassation (Egypt’s highest appeals court) has upheld death penalties handed to 12 Ikhwan members including Mohamed Beltagy…
Sawiris’ Endeavour becomes an LSE-listed company
Naguib Sawiris-backed Endeavour Mining has listed today on the LSE after being admitted into the UK Listing Authority’s premium listing…
Altus’ Akh Gold could invest USD 200 mn if it strikes gold in Egypt
Altus Strategies could invest as much as USD 200 mn in Egypt if it makes a commercially viable discovery in…
What the markets are doing on 11 April 2021
Alibaba just got slapped with China’s largest antitrust penalty, with Chinese regulators imposing a USD 2.8 bn fine on the…
Sawiris gearing up to bid for gold exploration blocks in Egypt
Naguib Sawiris is planning to take part in Egypt's ongoing gold exploration tender, the bn’aire said at a conference yesterday,…
Centamin profits up 82% in 2020 despite lower production
The EGX30 fell 2.5% at today’s close on turnover of EGP 936 mn (36.4% below the 90-day average). Foreign investors…
What the markets are doing on 14 March 2021
Volatility in US tech stocks has been on overdrive, with the Nasdaq moving at least 1% up or down during…
Also on our radar on 11 March 2021
Hilton Hotels will open nine new properties in Egypt in the coming five years, adding another 1.7k rooms to its…
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