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Earnings watch: Egyptian Resorts Company
EARNINGS WATCH- Egyptian Resorts Company (ERC) reported a consolidatednet profit (pdf) of EGP 61 mn in 1H2017, up from a…
M&A WATCH: EFSA refuses Reacap fair value study
M&A WATCH- EFSA rejects Reacap’s FV report: The Egyptian Financial Supervisory Authority (EFSA) rejected Fincorp’s fair value assessment for Naeem…
Italy’s Danieli signs MoU for new steel factory in Ain Al Sokhna
Italy’s Danieli signed an MoU for a new steel factory in Ain Al Sokhna: Suez Canal Authority Chief Mohab Mamish…
Banque du Caire share listing, UBE sale could be postponed to 2018
IPO WATCH- The central bank is considering delaying both the sale of United Bank of Egypt and the floating of…
Shell considers buying Israeli, Cypriot natural gas and pumping it to Egypt
Shell to help make Egypt a regional energy hub? Royal Dutch Shell is in talks to buy natural gas from…
Spanish authorities on high alert as they search for culprit behind Barcelona attack
Among the handful of international stories worth a look this morning: Spanish authorities are on high alert while they search…
Hikma signs agreement to sell Takeda’s primary care products regionally
REGIONAL- Jordanian med manufacturer Hikma signed an agreement with Takeda to expand licensing and distribution. The agreement allows Hikma to…
Grand Egyptian Museum 70% complete
Construction on the Grand Egyptian Museum has reached the 70% mark, bringing it on track to meet its soft opening…
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