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SCZone, DP World Sokhna partner up for new logistics service zone
A new logistics zone in Sokhna: The Suez Canal Economic Zone’s (SCZone) Main Development Company (MDC) and DP World Sokhna…
THIS EVENING: Hassan Abdalla tapped as acting governor of the CBE ahead of today’s MPC meeting + Interest rates decisions dominate the international business press
Good afternoon, lovely people, and a very happy THURSDAY. It’s been quite a week for us all, with an uncharacteristic…
One of SODIC’s new owners just got a major new shareholder
Giant UAE firm wants to go long on EMs: Emirati firm International Holdings Co. (IHC) plans to invest bns of…
THIS MORNING: What will happen at today’s Monetary Policy Committee meeting now that Amer has resigned?
Good morning wonderful people, and welcome to a fantastic Thursday morning dominated by one big story: Who will be the…
Saudi regulator approves STC takeover of Giza Systems
Giza Systems is one step closer to being Saudi-owned: Saudi Arabia’s competition watchdog has given the greenlight to Saudi Telecom’s…
Foreign investors are slowly coming back to the debt market
FROM THE DEPT. OF GOOD NEWS- Foreign flows have begun to trickle back into Egypt’s local debt market. Foreign holdings…
Last Night’s Talk Shows: Tragedy in Imbaba + New cabinet members sworn in
The fire at the Abu Sefein church in Imbaba dominated coverage on the airwaves last night. The incident and its…
GB Auto shrugs off auto sector headwinds to post 31% bottom line growth
GB Auto net income up 31% in 2Q despite market challenges: GB Auto shrugged off the multiple headwinds facing the…
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