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Algebra Ventures, Glint Consulting invest EGP 20 mn in FilKhedma
STARTUP WATCH- Algebra Ventures and Glint Consulting have invested EGP 20 mn in home services marketplace FilKhedma, founder Omar Ramadan…
Sodic attracts EGP 1 bn in presales for The Estates
Sodic reeled in EGP 1 bn in presales on the first day of the launch of its new compound, “The…
Majid Al Futtaim opens EGP 6.8 bn City Center Almaza in Heliopolis
INVESTMENT WATCH- Majid Al Futtaim opens EGP 6.8 bn Heliopolis mall: UAE-based real estate developer and retail giant Majid Al…
Egypt’s education outfit CIRA inks EUR 25 mn EBRD funding agreement
CIRA closes EUR 25 mn EBRD funding agreement: Cairo for Investment and Real Estate Development (CIRA) signed yesterday an agreement…
Listed Egyptian companies yet to IPO have until 31 March to hit the exchange
IPO WATCH- BdC and three other companies have six months to complete their IPOs: The Financial Regulatory Authority (FRA) has…
Egypt’s tourism sector expected to grow 30% in 2019, says Al Mashat
Egypt's tourism sector should claw its way back to its pre-crisis high-water mark by the end of this year, Tourism…
CBE easing cuts gov’t interest bill by a fifth -Kouchouk
CBE easing cuts gov’t interest bill by a fifth -Kouchouk: The Central Bank of Egypt’s (CBE) interest rate cuts in…
Current account deficit widens to USD 8.2 bn in FY 2018-2019
Egypt’s current account deficit widened to USD 8.2 bn in FY 2018-2019, up from USD 6 bn the previous year,…
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