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Egypt’s non-oil business activity falls slightly in October, but sentiment is up
Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt’s non-oil private sector remained in contraction…
Three banks to give Misr Italia EGP 650 syndicated loan
Misr Italia Real Estate Group is set to receive a syndicated loan worth EGP 650 mn from Al Ahli Bank,…
Naguib Sawiris replaces Tamer El Mahdi as OIH CEO
MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his…
Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results
EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the…
MENA IPOs to pick up next year -E&Y
The MENA region’s IPO activity will also pick up over the next 12 months following a weak third quarter, Ernst…
ADNOC Distribution eyeing entry into Egyptian market?
INVESTMENT WATCH- ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a…
Last night’s talk shows for Tuesday, 5 November 2019
It was a quiet night on the airwaves, but one story is of particular interest to the business and finance…
What we’re tracking on 5 November 2019
Whether you’re looking for macro indicators, new product ideas (hint: nano-lending), debate on the EGX, or the regional IPO outlook,…
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