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Earnings watch: CI Capital reports EGP 102 mn net profit in 1Q
EARNINGS WATCH- CI Capital reported net profits of EGP 102 mn in 1Q2020, down from EGP 123 mn in the…
State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors
State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors after the previous board resigned after…
NUCA’s EGP 4 bn securitized bond issuance named Africa securitization transaction of the year
The Banker names NUCA’s EGP 4 bn securitized bond issuance as Africa’s securitization transaction of the year: The Banker, a…
House gives preliminary nod to stamp tax amendments, looks set to give tax break to state-owned enterprises, suspends agriculture land tax
LEGISLATION WATCH- House gives preliminary nod to stamp tax amendments, looks set to give tax break to state-owned enterprises, suspends…
Bitumode agrees to share price in Sika Egypt’s MTO
M&A WATCH- Modern Waterproofing (Bitumode) has agreed to the EGP 3.91 share price Sika Egypt has set in its mandatory…
Nearshore companies are increasingly outsourcing their business services to Egypt -report
Egypt is becoming an increasingly popular destination for nearshore companies to outsource their business services, according to a report published…
Sovereign Fund of Egypt is putting healthcare and pharma storage at the forefront of its sub-fund plans amid covid-19
Sovereign Fund is putting healthcare and pharma storage at the forefront of its sub-fund plans amid covid-19: The covid-19 pandemic…
EGP eases to three-month lows against the greenback
EGP WATCH- EGP eases to three-month lows against the greenback: The EGP dipped yesterday to its lowest level against the…
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