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Egypt revisits possibility of issuing EGP-denominated bonds on the back of currency appreciation
EXCLUSIVE- EGP-denominated int’l bond issuance could be back on the table: The Finance Ministry is revisiting previously shelved plans to…
Ahmed El Bassiouny named Central Bank of Egypt’s sub-governor for economic research
MOVES- Ahmed El Bassiouny named CBE sub-governor for economic research: Ahmed El Bassiouny (LinkedIn) has been appointed as sub-governor of…
Elsewedy Electric Profits inches down 2.6% y-o-y in 2Q2019
EARNINGS WATCH- Elsewedy Electric’s net profit dropped 2.6% y-o-y in 2Q2019 to EGP 957.8 mn, down from EGP 983.8 mn…
El Sisi meets Trump, Johnson and Macron at G7 summit
Warm words between El Sisi and Trump at G7 summit: US President Donald Trump said that Egypt has made “tremendous…
Parliament to review Data Protection Act in October
LEGISLATION WATCH- Parliament to review Data Protection Act in October: A draft of the Data Protection Act will be presented…
Health Ministry permanently suspends El Ezaby, Roshdy from pharmacy registry
DISPUTE WATCH- Health Ministry permanently suspends El Ezaby, Roshdy from pharmacy registry: A Health Ministry body has permanently removed pharmacists…
Egypt signs USD 500 mn agreement with India’s LuLu Hypermarket
INVESTMENT WATCH- Egypt signed a USD 500 mn agreement with India’s LuLu Hypermarket on Monday for four new retail outlets…
Egypt’s rate cut makes the market even more attractive to investors, says Credit Suisse
Egypt’s rate cut makes the market even more attractive to investors, says Credit Suisse: The CBE’s interest rate cut last…
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