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Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss
M&A WATCH- Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss: Cement producer Suez…
OilMin slashes rental fees on gold exploration blocks in a bid to lure investors
Oil Min slashes rental fees on gold exploration blocks in a bid to lure investors: The Oil Ministry will cut…
EGX boss expects fresh IPOs this year despite market turmoil
EGX boss expects fresh IPOs this year despite market turmoil: The current market volatility will not prevent new companies listing…
Inflation slows to 5.3% in February, but will covid-19 give it a bump?
Annual urban inflation fell in February following three months of back-to-back acceleration, according to Capmas figures out yesterday. The reading…
Orascom Construction appoints Reham El Beltagy as CFO
MOVES- Orascom Construction has appointed Reham El Beltagy as the company’s new Chief Financial Officer, succeeding Mark Littel who has…
EAEF launches its inaugural impact report
Everything you need to know about the EAEF: The Egyptian American Enterprise Fund (EAEF) on Sunday released its inaugural report…
Breadfast raises seven-figure investment in pre-series B round
STARTUP WATCH- Breadfast raises seven-figure investment in pre-series B round: Cairo-based bread delivery platform Breadfast has raised a seven-figure investment…
House approves Unified Building Code
LEGISLATION WATCH- The House of Representatives has approved the Unified BuildingCode in its plenary session on Monday, Masrawy reports. The…
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