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Egypt settles c. EGP 3 bn in overdue exports subsidies in April, May
The Export Subsidy Fund doled out nearly EGP 3 bn in overdue export subsidies in April and May, bringing the…
Beginning with tourist governorates, Egypt could gradually resume international travel next month
Egypt could gradually reopen airspace to international flights next month, starting with coastal tourism destinations: Egypt could begin allowing international…
What we’re tracking on 14 June 2020
The brevity of this morning’s issue reflects a news day cut short by continuing concern about the spread in Egypt…
Where does the global economy go from here? The OECD is out with two scenarios, and neither are particularly good.
Where does the global economy go from here? The OECD is out with two scenarios, and neither is particularly good.…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
EgyptAir gets a breather on jet fuel arrears to EGPC
CABINET WATCH- EgyptAir gets a breather on arrears to EGPC: The Madbouly Cabinet agreed yesterday to waive 50% of the…
Speed Medical will acquire City Labs in the coming months
M&A WATCH- Speed Medical (SPMD) is set to acquire 100% of City Labs in the coming months once SPMD completes…
Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months
EXCLUSIVE- Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months: Egypt’s…
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