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Gov’t to award two-year exploration licences for winning bids in mineral exploration round
Gov’t to award two-year exploration licences for winning bids in mineral exploration round: Companies awarded blocks in Egypt’s ongoing international…
Maridive in talks with creditors as it struggles with covid-19, plunging oil prices
Maridive is in talks with creditors as it struggles with covid-19, plunging oil prices: EGX-listed Maridive & Oil Services is…
House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely
LEGISLATION WATCH- House suspends discussion of auto strategy, Public Enterprises Act amendments indefinitely thanks to covid: The House industry committee…
Egypt goes full Kuroda: CBE to directly purchase equities in a bid to stem EGX sell-off
CBE to directly purchase equities in a bid to stem EGX sell-off: The Central Bank of Egypt (CBE) will buy…
Domty posts marginal uptick in annual profits
EARNINGS WATCH- Domty recorded EGP 156.2 mn in net profit in 2019, up from EGP 154.6 in the previous year,…
Egypt taps HSBC as financial advisor on Siemens plant sale
Egypt taps HSBC as financial advisor on Siemens plant sale: State-owned Egyptian Electricity Holding has tapped HSBC as the financial…
Egyptian remittances rise 5% in 2019
Remittances rise 5% in 2019: Remittances from Egyptians living abroad rose 5% to USD 26.8 bn in 2019 from USD…
Cabinet greenlights EGX tax breaks
CABINET WATCH- Cabinet greenlights EGX tax breaks: The Madbouly Cabinet has approved the emergency measures announced last week to cut…
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