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El Erian points fingers at Fed for US inflation as recession clouds build
The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS’s “Face The…
Egypt’s top listed companies, according to Forbes
Forbes Middle East is out with a new list ranking Egypt’s top listed companies: Taking into account market cap, sales,…
Benya to sell equity stake in USD 150 mn private placement
IT infrastructure contractor Benya Group is looking to raise USD 150 mn via a private placement before the end of…
Is Beltone in play?
An investor alliance led by WM Consultancy has submitted a non-binding offer to buy a majority stake in Beltone Financial,…
Etisalat, TE close infrastructure agreements worth EGP 17 bn
Etisalat gets an infrastructure boost from Telecom Egypt: Our friends at Etisalat Misr have signed six agreements worth EGP 17…
Insurance startup Amanleek wins Orange fintech competition
The formidable 13-year-old Egyptian-Hungarian violinist Mariam Abouzahra won the Golden Note — a televised classical music competition run by the…
Earnings watch: Telecom Egypt, Orascom Financial Holding, B Investments report 1Q2022 results
EARNINGS WATCH- Telecom Egypt’s 1Q2022 net income declined 36% y-o-y to EGP 1.40 bn, according to the company’s earnings release…
Somabay to renovate Sheraton resort + Egypt to spend another USD 2.6 bn on US arms
Sheraton Soma Bay to get a new look: Somabay has secured an EGP 143 mn loan from Ahli United Bank…
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