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National Press Authority announces new chairmen and chief editors of state-owned news outlets
The National Press Authority appointed press syndicate head Abdel Mohsen Salama as chairman of Al Ahram, Ahram Online reports. Hit…
Earnings watch: Egyptian Resorts Company and Raya Contact Center
EARNINGS WATCH- Egyptian Resorts Company (ERC) reported a consolidated net profit of EGP 66.1 mn in 1Q2017, up from a…
Unregistered buildings have a total market value of EGP 300 bn -Housing Ministry
There are 500k unregistered buildings nationwide with a combined estimated market value of EGP 300 bn, the Housing Ministry’s Building…
Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic
The Ismail government signed off on amendments to the Consumer Protection Act during its weekly meeting on Wednesday, according to…
Trade and Industry Ministry issues amendments to import-export executive regulations
Trade and Industry Minister Tarek Kabil issued amendments to import and export regulations on Wednesday meant to slash red tape,…
Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg’s morning show hosts straight on Egypt
Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg’s morning show hosts straight on Egypt. Our friend Ahmed Badr held down…
Foreign investment in treasuries up 13% in the past week alone
Foreign investment in Egyptian treasuries increased 13% in the past week to EGP 136 bn (USD 7.5 bn), the Finance…
New investment in pharma, snack foods + state IPO program inching forward
INVESTMENT WATCH- Pharma giant Sanofi is looking to increase investments in Egypt by EUR 70 mn “in the coming period,”…
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