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Pfizer is looking to increase investments in Egypt by USD 70 mn
INVESTMENT WATCH- Pharma giant Pfizer is looking to invest an additional USD 70 mn in Egypt “in the coming months,”…
Sovereign Fund of Egypt assessing 10 military subsidiaries to offer them for co-investment
The Sovereign Fund of Egypt (SFE) is studying 10 military-owned companies to offer them for co-investment, CEO Ayman Soliman tells…
Spanish Naturgy will be pulling out of the Damietta LNG plant
Spain’s Naturgy is pulling out of its Egypt operations, allowing liquefaction operations at Damietta LNG plant to begin again: Italy’s…
E-Finance IPO postponed to 4Q2020
E-Finance IPO postponed to 4Q2020: The government has postponed the IPO of e-payments firm E-Finance to the final quarter of…
EFG Hermes, JPMorgan, Citi, Goldman compete to advise on Arab Refining IPO
IPO WATCH- EFG Hermes, JPMorgan, Citi, Goldman compete to advise on Arab Refining Co. IPO: Bulge bracket fixtures JPMorgan, Citigroup…
WHO raises global risk assessment for covid-19 to ‘very high’ from ‘high’
CORONA WATCH- WHO raises global risk assessment for covid-19 to ‘very high’ from ‘high’: The elevated risk level is meant…
Global equities markets have worst week since 2008 on covid-19 fears
Global equities markets have worst week since 2008 on covid-19 fears: Global equity markets were a sea of red on…
Four new covid-19 cases linked to Egypt
CORONA WATCH- Four new covid-19 cases linked to Egypt: Four people who had recently travelled to Egypt were diagnosed with…
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