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SODIC board approves Hussein Shoukry’s resignation
MOVES- SODIC board approves Hussein Shoukry’s resignation: HC Securities Chairman Hussein Shoukry’s resignation from the SODIC board was approved effective…
Americana Egypt’s profits halve in 2019
EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn…
UAE’s Corys looks to expand into water and gas networks in Egypt
Emirati pipe manufacturers Hepworth PME is seeking to capture 15% of Egypt’s water and gas distribution market over the next…
Samih Sawiris becomes ODH interim executive chairman
MOVES- Samih Sawiris has assumed the role of executive chairman at Orascom Development Holding, Reuters reports. Sawiris will be assisted…
Egypt may exempt state-affiliated, strategic factories from property tax
EXCLUSIVE- Gov’t mulling whether to give property tax exemptions to state-affiliated factories and private-sector companies in a handful of “strategic”…
Your top education stories of the week
Your top education stories in another slow week of education news are: CIRA’s Badr University signed a partnership agreement with…
Amr El Kady named managing director, executive VP of Talaat Moustafa Group
MOVES- Talaat Moustafa Group has appointed Amr El Kady (LinkedIn) as its new managing director and executive vice president, the…
Emerald private placement, public offering to get underway this week
IPO WATCH- Emerald to kick off Egypt’s first (small) IPO of 2020 this week: The Financial Regulatory Authority (FRA) has…
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