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Egypt’s non-oil business activity hits two-year lows in November
November was a month to forget for the non-oil private sector, the PMI suggests: Non-oil private sector business activity hit…
Corporate sukuks to debut in coming weeks with USD 50 mn CIAF Leasing issuance bonds
DEBT WATCH- Corporate sukuks to debut in Egypt in the coming weeks? CIAF Leasing plans to issue Egypt’s first corporate…
Americana minority shareholders demand Adeptio revalue the company
M&A WATCH- Americana minority shareholders demand Adeptio revalue the company: Minority shareholders of the Egyptian International Tourism Projects Company (Americana…
Centamin rejects USD 1.9 bn Endeavour merger proposal
M&A WATCH- Centamin rejects USD 1.9 bn Sawiris-backed Endeavour merger proposal: The board of gold mining company Centamin has unanimously…
Cisco appoints advisor to focus on Egypt gov’t handling strategy
MOVES- US-based Cisco Systems has appointed a new advisor for government and policy affairs whose work will focus on Egypt,…
Egypt’s HDB Chairman Fathy El Sebai resigns
MOVES- Housing & Development Bank (HDB) Chairman Fathy El Sebai has resigned from his post for undisclosed reasons, Al Mal…
El Sisi receives credentials for 9 new ambassadors to Egypt
MOVES- President Abdel Fattah El-Sisi received yesterday the credentials of nine new ambassadors to Egypt. The ambassadors are: Mohand Saleh…
Egypt’s BdC reports 66% y-o-y jump in 9M2019 net profits
EARNINGS WATCH- Banque du Caire’s (BdC) net profits increased 66% y-o-y to EGP 3 bn in 9M2019, up from EGP…
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