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GAFI boss joins cabinet economic group, becomes Egypt de-facto investment minister
GAFI boss joins cabinet economic group: Prime Minister Moustafa Madbouly hasrestructured the cabinet economic group to give the head of…
Cabinet passes amendments to restrict legal actions against Egypt’s SWF
CABINET WATCH- Cabinet passes amendments to restrict legal action against Egypt’s SWF: The Madbouly Cabinet greenlit on Thursday legislative amendments…
HHD secondary offering to be completed before May 2020
PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary…
Egypt might be scrapping Shanghai Electric’s USD 4.4 bn “clean coal” power plant
INVESTMENT WATCH- Shanghai Electric’s USD 4.4 bn “clean coal” power plant could be scrapped or postponed: The Electricity Ministry is…
Egypt’s El Sisi revives talks about listing military companies
El Sisi signals that military companies on the EGX more than just an idea: Military-owned companies and assets will be…
Egypt’s current account deficit narrows, FDI more than doubles in 1Q2019-2020
Current account deficit narrows, FDI more than doubles in 1Q2019-2020: The current account deficit decreased 31% y-oy in the first…
Bank Audi signs cooperation protocol to be exclusive banker for Egypt’s SWF
Bank Audi Egypt has signed a cooperation protocol with the Sovereign Fund of Egypt that could see it provide all…
Egypt tops African countries in VC transactions in 2019, says Venture Burn
Egypt tops African countries in disclosed VC transactions in 2019: Egyptian startups received the biggest number and funding value of…
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