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Egypt and Sudan agree to Ethiopia’s proposed GERD timetable
Did we just make progress on GERD? Egypt and Sudan agree to Ethiopia’s proposed timetable for dam filling: Egypt and…
Earnings watch: Orascom Construction profits rise 10.7% y-o-y in 3Q2019
EARNINGS WATCH- Orascom Construction profits rose 10.7% y-o-y in 3Q2019 to USD 32.2 mn, compared to USD 29.1 mn a…
Cabinet approves disbursal of EGP 500 mn in overdue subsidies to Egyptian exporters
CABINET WATCH- Ministers approve disbursal of EGP 500 mn in overdue export subsidies: The Madbouly Cabinet signed off on disbursing…
Gov’t to decide fate of Egyptian Iron and Steel after talks with stakeholders
Gov’t to decide fate of Egyptian Iron and Steel: The government will soon hold talks with the House of Representatives,…
Egyptian exchange issues new regs on book-building process for IPOs, secondary offerings
REGULATION WATCH- EGX issues new regs on book-building process for IPOs, secondary stake sales: The Egyptian bourse has issued new…
Egypt expands customs clearance “green channel” to include SMEs
Gov’t expands customs clearance “green channel” to include SMEs: The government has decided to expand its “green channel” system for…
Sarwa Capital, Banque Misr conclude EGP 4 bn NUCA securitized bond issuance
DEBT WATCH- Sarwa, Banque Misr conclude EGP 4 bn NUCA securitized bond issuance: Sarwa Capital and Banque Misr have concluded…
HHD approves draft contracts for 10% stake + management rights
PRIVATIZATION WATCH- HHD approves prospectus, draft contracts for 10% stake + management rights: Heliopolis Housing and Development (HHD) has approved…
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