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Egyptian Steel eyes EGX listing after covid-19 crisis
IPO WATCH- Egyptian Steel Group could go public on the EGX once the covid-19 crisis has died down, founder and…
P&G to invest USD 50 mn over next 18 months to expand manufacturing
INVESTMENT WATCH- P&G to invest USD 50 mn in Egypt by the end of 2021 to expand manufacturing: Procter &…
IFC is investing USD 10 mn in smart meters outfit Globaltronics
INVESTMENT WATCH- IFC is investing USD 10 mn in smart meters outfit Globaltronics: The International Finance Corporation (IFC) is investing…
Spotlight:Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt
MOVES- Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt: The covid-19 crisis has shifted…
Medhat Nafea resigns as MIH chairman
MOVES- Medhat Nafea is stepping down as chairman of state-owned Metallurgical Industries Holding Company, according to a personal statement. Nafea…
Egypt turns to UN as GERD talks collapse
Egypt turns to UN as GERD talks collapse: Egypt has called on the UN Security Council to prevent Ethiopia from…
El Sisi warns Turkey, GNA of seizing Libya’s Sirte, saying military intervention for Egypt’s protection would be legitimate
El Sisi warns Turkey, GNA against moving into Libya’s Sirte, suggesting Egypt could intervene militarily: Egypt’s military could intervene in…
House approves laws on parliamentary elections, political rights
LEGISLATION WATCH- House approves law on parliamentary elections: The House of Representatives approved amendments to legislation regulating parliamentary elections, increasing…
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