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Mohamed Sultan resigns as CEO of Egyptian real estate developer Palm Hills
MOVES- Mohamed Sultan (LinkedIn) has resigned from his position as CEO of real estate developer Palm Hills, the company said…
Cleopatra Hospitals reports 27% dip in 1H2019 net profits
EARNINGS WATCH- Cleopatra Hospitals Group reported a 27% y-o-y dip in 1H2019 net profits to EGP 97.7 mn compared to…
Companies to nominate one candidate to Federation of Securities board -FRA
REGULATION WATCH- Companies can only nominate one candidate for the Federation for Securities market regulator: Companies will only be able…
Court postpones iron billet import duty hearing to 5 October
Court postpones iron billet import duty hearing to 5 October: The Supreme Administrative Court has postponed to 5 October its…
Sodic to invest EGP 34 bn in four New Zayed projects in next decade
INVESTMENT WATCH- Sodic will invest EGP 34 bn in four new projects in New Zayed over the coming decade, it…
Egypt’s cement sector in oversupply crisis -Suez Cement CEO
Egypt’s cement sector in oversupply crisis -Suez Cement CEO: Egyptian cement companies are continuing to flood the market, producing twice…
Emaar Misr nears resolution on El Nasr dispute
DISPUTE WATCH- Egypt and UAE’s Emaar sign preliminary settlement agreement on El Nasr dispute: Property developer Emaar Misr has signed…
Are we inching closer to Israel-Egypt gas exports?
Are we inching closer to seeing Israel beginning to export gas to Egypt? The operator of the East Mediterranean Gas…
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