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Egypt needs to strengthen rule of law to attract investors, German economy minister says
El Sisi pitches investment opportunities in Berlin: President Abdel Fattah El Sisi urged German companies on Monday to capitalize on…
Speed Round
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ISPs look to extend their VAT exemption
ISPs look for another year of VAT exemption, citing unfair market practices by TE Data: The country’s private internet service…
Fuel prices could rise by EGP 1 per litre come July
Hello, inflation: Petrol prices to go up in July? The price of 92-grade octane petrol will rise at the pumps…
Manufacturers delay investments due to Central Bank’s interest rate hike
Others are not so sanguine, saying high interest rates are prompting them to delay capex outlays. Some manufacturers have reportedly…
Hero looking to increase sales to EGP 1 bn from EGP 720 mn in 2017
INVESTMENT WATCH- Hero Middle East & Africa targets sales of EGP 1 bn, may open baby food plant: We sat…
EFG Hermes looking to enter Nigeria through acquisition
BROKERAGE WATCH- EFG Hermes is looking to expand into Nigeria through an acquisition, Ali Khalpey, CEO of EFG Hermes' Frontier…
World Bank says Egypt’s economy will grow at a 5.3% clip by 2019
Good news from the World Bank, which is projecting that Egypt’s GDP will grow at a 5.3% clip in 2019.…
Is Uber CEO Travis Kalanick on his way out?
Is Uber CEO Travis Kalanick on his way out? Uber’s board reportedly met on Sunday to discuss whether co-founder and…
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