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Enterprise Poll: Central Bank of Egypt to leave rates on hold at June 2020 meeting
ENTERPRISE POLL- CBE seen leaving rates on hold this Thursday for third consecutive meeting: The Central Bank of Egypt will…
Speed Round
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Earnings watch: Fawry, Porto Group
EARNINGS WATCH- Fawry reports 82% growth in profits in 1Q2020: Profits at e-payment service provider Fawry surged by 82% in…
Egyptian primary healthcare clinic chain Dawi opens its first branch outside the Greater Cairo area
STARTUP WATCH- Dawi Clinics opens its first clinic outside the Greater Cairo area: Primary healthcare clinic chain Dawi Clinics has…
Egypt: House committee approves waiving late fees on handful of taxes
LEGISLATION WATCH- House committee approves waiving late fees on handful of taxes: The House Planning Committee has greenlit a draft…
House Committee recommends EGP 22 bn increase for education in Egypt’s FY2020-2021 budget
BUDGET WATCH- House committee recommends bumping up education funding by EGP 22 bn in FY2020-2021: The House Education and Scientific…
CIRA eyes expansion in Assiut
INVESTMENT WATCH- CIRA eyes expansion in Assiut: Cairo for Investment and Real Estate Development (CIRA) confirmed reports that it is…
Malaysia’s Proton partners with MIH to assemble cars in Egypt
INVESTMENT WATCH- MIH says it’s partnering with Malaysia’s Proton for El Nasr car assembly plan: Malaysian auto outfit Proton will…
Central Bank of Egypt approves soft loans to small farms under SME initiative
CBE approves soft loans to small farms under SME initiative: The Central Bank of Egypt (CBE) has greenlit a request…
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