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Mystery company Estadat takes over Presentation Sports
M&A WATCH- Mystery company Estadat takes over Presentation Sports: Newly-founded Estadat Holding has acquired 51% of Presentation Sports, which owns…
Egypt signs USD 1.1 bn funding agreement with ITFC
Egypt to get USD 1.1 bn IFTC loan for commodity imports: Egypt has signed a USD 1.1 bn funding agreement…
Rameda Pharma retail subscription surges on final day, offering closes 33x oversubscribed
Retail appetite for Rameda’s IPO surgest on last day; offering closing 36.3x oversubscribed: Retail investors poured into Rameda Pharma’s 5%…
Majid Al Futtaim to invest EGP 16 bn in Egypt in the next 2-3 years -CEO
INVESTMENT WATCH- Majid Al Futtaim to invest EGP 16 bn in next 2-3 years: Emirati real estate developer and retail…
Egypt launches EGP 100 bn program to boost local industry
Factories with annual sales of less than EGP 1 bn can now borrow at subsidized rates: The government and the…
This week’s episode of Making It will be out early
The next episode of Making It will be out tomorrow afternoon, just in time for your drive home. Our next…
Earnings Watch: Bank Audi Egypt, Suez Cement
Suez Cement posted net losses of EGP 495.9 mn in 9M2019, compared with an EGP 335.4 mn profit made in…
Housing & Development Bank, Egyptian Arab Land Bank get new bosses
MOVES- The board of directors of the Housing & Development Bank has accepted the nomination of Hassan Ghanem (Linkedin) as…
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