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Corporate earnings bounce back to pre-float levels
Corporate earnings have bounced back to pre-float levels in USD terms three years after the Central Bank of Egypt pulled…
India’s TCI Sanmar Chemicals to invest USD 200 mn in Egypt next year
INVESTMENT WATCH- TCI Sanmar to invest USD 200 mn in Egypt next year: India’s TCI Sanmar Chemicals is planning to…
Education Ministry moves to soften blow of school foreign ownership cap
Education Ministry moves to soften blow of school foreign ownership cap: The Education Ministry has set up a committee that…
Egypt’s Tharaa to tap financial advisor for combined cycle plant stake sale next week
Tharaa to tap financial advisor for combined cycle plant stake sale next week: Egyptian sovereign wealth fund Tharaa is set…
Investors will appreciate policy stability from Amer staying on as CBE governor, Bloomberg says
Investors will welcome Amer getting a second term as CBE governor as it signals policy stability, Bloomberg says: Tarek Amer…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
Rameda prices its IPO at EGP 4.66 per share
IPO WATCH- Rameda has priced its IPO at EGP 4.66 per share: Rameda Pharma has announced (pdf) that it will…
Orascom Development Egypt begins phase two of Makadi Heights
Orascom Development Egypt has started work on a new phase in its Red Sea development Makadi Heights, the company announced…
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