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Egypt’s boards of directors get an “F” on gender parity for 2019
Egypt’s boards of directors get an “F” on gender parity for 2019: Egyptian companies failed to make headway on gender…
Ahmed Abou-Hendia appointed as Misr Italia Group non-executive chairman
MOVES- Misr Italia Group has appointed Ahmed Abou-Hendia as the board’s non-executive chairman, according to Youm7. Abou-Hendia worked as a…
Yasser El Naggar appointed chairman of Suez Cement
MOVES- Suez Cement has appointed EN Investment CEO Yasser El Naggar as chairman succeeding Hayrullah Hakan Gürdal, according to a…
Colliers International sees Egyptian hotel occupancy recovering in 2021
Hotel occupancy rates in Egypt could bounce back from the covid-19 slump as early as 4Q2020 or the beginning of…
FRA gives Cairo 3A the greenlight to acquire Egyptian Starch & Glucose
M&A WATCH- Market regulator approves Egyptian Starch & Glucose MTO: The Financial Regulatory Authority (FRA) has approved Cairo 3A’s mandatory…
Cleopatra, Alameda to complete merger “within a month” -sources
M&A WATCH- Cleopatra Hospitals merger with Alameda Healthcare likely within a month? EGX-listed Cleopatra Hospitals Group is in the final…
Egypt seeks financial support from the IMF
It’s official: We’re asking the IMF for fresh funding: The government has asked the International Monetary Fund for a one-year…
Earnings watch: Maridive & Oil Services net profits drops to USD 2.6 mn
EARNINGS WATCH- Maridive & Oil Services’ net profits dropped 81% y-o-y in 2019 to USD 2.6 mn from USD 14…
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