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Transport Ministry, EIB to sign EUR 1.1 bn financing agreements in December and January
DEBT WATCH- A EUR 1.1 bn financing package from the European Investment Bank (EIB) will officially be earmarked for Egypt's…
Al Futtaim Real Estate to invest EGP 5.5 bn in real estate developments in 2021
INVESTMENT WATCH- Al Futtaim Real Estate will invest EGP 5.5 bn in real estate developments in 2021, Managing Director Ashraf…
Ibnsina Pharma acquires 75% stake in Egyptian digital pharmacy app 3elagi
M&A WATCH- Ibnsina Pharma has acquired a 75% stake in digital pharmacy platform and app 3elagi, according to an EGX…
EBRD, CDC consortium acquire 99.6% of Egypt’s Adwia pharma
M&A WATCH- EBRD-CDC consortium acquires 99.6% of Adwia Pharma: A consortium of the European Bank for Reconstruction and Development, the…
Maait promises no new taxes in fiscal update
Maait promises no new taxes in fiscal update: Egypt’s economy is expected to grow by 3.3% in the current financial…
Earnings watch: CIRA, Oriental Weavers, Credit Agricole
EARNINGS WATCH- CIRA revenues cross EGP 1 bn mark in FY2019-2020: Private sector education outfit CIRA reported a 54% y-o-y…
Family planning programs aims to get over 20 mn families on board by mid 2021
More than 20 mn families will be onboarded in the government’s family planning program with over 2.8 mn new participants…
Egypt leads North African countries in Network Readiness Index report rankings
Egypt appears to be the North African country best poised to embrace a digital transformation, ranking 84 in the 2020…
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