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ODH aims for south Sinai project to turn in profit next year
Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? Orascom Development Holding…
FRA targeting a total of EGP 16 bn in securitized bond issuances in 2019
The Financial Regulatory Authority (FRA) is targeting a total of EGP 16 bn in securitized bond issuances in 2019, of…
Uganda’s central bank gives Egypt’s BdC green light to buy out Cairo International Bank
M&A WATCH- Ugandan central bank gives BdC green light to buy out Cairo International Bank: The Ugandan central bank has…
Is Rameda Pharma the mysterious pharma company planning a USD 61mn IPO?
IPO WATCH- Is Rameda Pharma the mysterious pharma company planning a USD 61mn IPO? Remember that unnamed pharma company that…
Farm Frites opens USD 40 mn factory, aims to increase exports to 65%
INVESTMENT WATCH- Dutch food manufacturer Farm Frites has launched a new, USD 40 mn production line for producing potato chips…
Egypt officially welcomes 10 new ambassadors
MOVES- President Abdel Fattah El Sisi received yesterday the credentials of 10 new ambassadors to Egypt, according to an Ittihadiya…
Escalation in recent Saudi crisis drives oil prices up
US President Donald Trump has accused Iran of Saturday’s attacks on Saudi Arabia’s Abqaiq oil facility, which have disrupted production…
UK to give Egypt GBP 13 mn to promote investment
The UK will give Egypt GBP 13 mn through the World Bank to promote investment in the country, said British…
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