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Cleopatra Hospitals on track for 15% revenue growth in 3Q2020
EARNINGS WATCH- Cleopatra Hospitals Group (CHG) is on track to record 15% y-o-y revenue growth in 3Q2020, with an expected…
Suez Cement submits MTO for 100% of subsidiary Tourah Cement
M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement’s German parent company HeidelbergCement has submitted a…
Social spending programs in the Middle East are still lagging behind the EM average
Social spending programs in the Middle East and Central Asia are still lagging behind the EM average, despite making “notable…
What we’re tracking on 30 September 2020
Good morning, wonderful people. A quick programming note to get us underway this morning: We’re delighted to announce that Making…
CIAF could bring back its EGP 50 mn sukuk issuance in 1Q2021
Aviation leasing company CIAF could move ahead with its EGP 50 mn sukuk issuance in 1Q2021 if air travel recovers…
Distributors of electric motors have six months to comply with new efficiency standards
Importers and assemblers of electric motors will be required to adhere to new energy efficiency and testing standards under guidelines…
Concentration risk regs relaxed for Egypt’s mortgage lenders
REGULATION WATCH- Mortgage finance companies can now lend up to 15% of their capital base to an individual household, up…
Last night’s talk shows discuss upcoming House elections, and Libyan security meeting in Hurghada
*** Fans of Lamees El Hadidi rejoice: She’ll be back on air soon with ON TV’s “The LastWord” airing Tuesdays-Saturdays…
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