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MCDR to offload stake in Makasa Sport in bid to focus strategy
M&A WATCH- MCDR to offload stake in Makasa Sport, apparently dropping IPO plans: Misr for Central Clearing, Depository and Registry…
Galina Holding eyes Egypt IPO in early 2021
IPO WATCH- Agrifoods player Galina eyes IPO in early 2021: Galina Holding is planning to make its EGX debut around…
A “silver lining” to the pandemic? Expedited reforms -Al Mashat
A “silver lining” to the pandemic? Expedited reforms in Egypt, Al-Mashat says: Egypt has moved quicker over the past couple…
Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank
DEBT WATCH- Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank. The…
Earnings watch: CIRA reports 9M2019-2020 results, Arafa Holding reports 1Q2020 earnings
EARNINGS WATCH- CIRA net profits, revenues jump in 9M2019-2020: Private sector education outfit CIRA reported a 32% y-o-y increase in…
Egypt demands answers amid confusion over whether Ethiopia has started filling GERD
Egypt demands answers amid confusion over whether Ethiopia has started filling GERD: Egypt is seeking urgent clarification from Ethiopia over…
Cabinet approves EBRD, IBRD facilities, amendments to harassment law
CABINET WATCH- Cabinet approves EBRD, IBRD facilities, amendments to harassment law, others: The cabinet approved amendments to a draft law…
Egypt Kuwait Holding resumes USD 20 mn share buyback
The board of Egypt Kuwait Holding (EKH) approved resuming its USD 20 mn buyback program to purchase 14.85 mn of…
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