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PepsiCo begins exports from Egypt into North Africa
PepsiCo Egypt begins exporting to North Africa: PepsiCo Egypt has started exporting locally-made products into North Africa has its eye…
EGX approves issued capital increase for CIB, Orascom Development
The EGX has approved CIB’s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also…
Egypt to launch new non-cash incentive program for exporters in March
A new non-cash incentive program for exporters that the Trade Ministry is working on will be launched in March, export…
AlGioshy Steel eyes 4Q2019 EGX debut
IPO WATCH- AlGioshy Steel is considering listing 40% of its shares on the EGX in 4Q2019 to fund its local…
Develop a solid industrial base or return to the IMF, AUC prof writes for Bloomberg
Reforms alone may not be enough to wean Egypt off the IMF: The government’s economic reform program won’t address Egypt’s…
Taking stock of what French companies pledged during Macron’s 2019 visit to Egypt
Macron has left the city. We take stock of the agreements signed during the French president’s three-day visit to Egypt,…
Gov’t working on incentives to promote electric vehicles; Mercedes delegation due for visit “soon”
REGULATION WATCH- Gov’t working on incentives to promote electric vehicles: The government is working on a new policy framework to…
Nestlé to invest EGP 1 bn in Egypt in the next five years
INVESTMENT WATCH- Nestlé is planning to invest about EGP 1 bn in Egypt in the next five years, Nestlé North…
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