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NI Capital’s money market fund closes early on huge investor demand
Siula, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.075 bn of…
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Also on our radar on 16 February 2021
More on the state’s plan to overhaul spinning and weaving: The Public Enterprises Ministry’s bid to streamline state-owned spinning and…
GAFI launches phase II of industrial units in Mit Ghamr, Banha
Uganda has decided to backtrack on its decision to introduce a 35% customs duty on iron sheets and other Egyptian…
Also on our radar on 14 February 2021
Qatar Airways Cargo to resume Egypt, Saudi Arabia and the UAE operations with the appointment of new general sales agents,…
Also on our radar on 11 February 2021
Samsung will manufacture 1 mn tablets each year in Egypt after being awarded a tender led by the education, communications…
Also on our radar on 10 February 2021
A handful of stories we’re keeping an eye on this morning: Global energy and commodities firm Mercuria is in negotiations…
Also on our radar on 9 February 2021
China State Construction Engineering Corporation (CSCEC) is building five skyscrapers in New Alamein under a contract signed yesterday with the…
Also on our radar on 8 February 2021
Edita has added an EGP 106 mn assembly line for its wafer products, the EGX-listed snackfood maker said in a…
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