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Gov't could manage takaful, karama pension via dedicated investment fund
Gov't could manage takaful, karama pension assets via dedicated investment fund: Prime Minister Moustafa Madbouly discussed a proposal by the…
Hassan Allam signs USD 89 mn agreement to develop Afghan power plant
Hassan Allam signs USD 89 mn agreement for Afghan power plant: Hassan Allam Utilities has signed a USD 89 mn…
MIH signs MoU with China’s Dongfeng to locally assemble electric cars
China’s Dongfeng wants to locally assemble electric cars: The Public Enterprises MInistry’s Metallurgical Industries Holding Company (MIH) has signed an…
EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19
DEBT WATCH- EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19: The European Bank for…
Cleopatra denies Alameda merger happening this week
M&A WATCH- Cleopatra denies Alameda merger happening this week: The EGX-listed Cleopatra Hospital Group last week dismissed reportsthat its planned…
Nearly half of Egypt’s households expect income to fall over the next three months, says Capmas
Nearly half of Egypt’s households expect income to fall over the next three months, says Capmas: 48.2% of all households…
FinMin sees Egypt’s economy growing 5% next fiscal year, Maait says
Gov’t revises its FY2020-2021 growth target upward to 5%: The Finance Ministry sees Egypt’s GDP growing at a 5% clip…
Egypt’s budget passes House, health and education spending slightly changed
BUDGET WATCH- FY2020-2021 budget passes House with bigger earmarks for health and education spending: The House of Representatives approved in…
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