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GTH board approves Veon’s offer to acquire USD 2.3 bn assets
GTH board approves Veon’s offer to acquire USD 2.3 bn assets: Global Telecom Holding’s (GTH) board of directors has approved…
Egypt’s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development
Egypt’s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among…
NI Capital to launch bookrunner tender for HHD secondary offering in September
IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is…
Egypt gets new Suez Canal heads, replacing central figure Mamish
MOVES- President Abdel Fattah El Sisi has tapped Lieutenant General Osama Rabie as the new head of the Suez Canal…
New law to govern Egypt’s industrial zones ready in three months
LEGISLATION WATCH- New law to govern industrial zones ready in three months: The Trade Ministry Industrial Development Authority (IDA) is…
Egypt’s non-oil exports grow 2.3% in 1H2019
Non-oil exports grew 2.3% in 1H2019 to USD 13.04 bn, up from USD 12.75 bn during the same period last…
US and Egypt-based Incorta raises USD 30 mn in series C round
STARTUP WATCH- Incorta raises USD 30 mn in series C round: California-based data analytics startup Incorta, which bases its software…
Egypt to choose between E-Finance and BdC for first state company IPO
EXCLUSIVE- Gov’t to choose between e-Finance and BdC for first state company IPO in privatization program: The government is planning…
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