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Cleopatra’s board approves acquisition of hospitals group in unknown Arab country
M&A WATCH- Cleopatra eyes regional expansion with potential acquisition of hospital company outside Egypt: Cleopatra Hospitals Group’s (CHG) board of…
Finance Ministry eyes 6.4% growth in FY 2020-2021
BUDGET WATCH- FinMin says it’s targeting 6.4% growth, 6.2% deficit next fiscal year: The Finance Ministry is eyeing GDP growth…
Egypt’s SWF could take a 30% stake in Siemens-OC-Elsewedy power plants -Soliman
Egypt’s new sovereign wealth fund is looking to acquire a 30% stake in the Siemens / OC / Elsewedy power…
Earnings watch: Etisalat Misr revenues rise 20% in 9M2019
EARNINGS WATCH- Etisalat Misr’s revenues rose 20% to reach EGP 10.6 bn in 9M2019, up from EGP 8.8 bn in…
World Bank’s Mahmoud Mohieldin to move to senior international post next year
MOVES- Mahmoud Mohieldin to exit World Bank next year: Former Egyptian investment minister Mahmoud Mohieldin (bio) will leave his position…
New suspect for 2015 Russian metrojet crash above Egypt’s Sinai peninsula
New suspect in Russian airliner crash: A Lebanese Danish man named Basil Hassan, born Mohammed Basil El-Cheikh, has been implicated…
Egypt’s Maritime Holding Co is getting its ducks in a row with int’l consultants as privatization beckons
PRIVATIZATION WATCH- Holding Co for Maritime getting its ducks in a row with int’l consultants — Is privatization beckoning? The…
Egyptian Resorts Company to invest EGP 15 bn in new Sahl Hashish marina
INVESTMENT WATCH- ERC to invest EGP 15 bn in new marina complex in Sahl Hasheesh: Egyptian Resorts Company (ERC) is…
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