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Carriage closes operations in Egypt
STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in…
Fawry’s private placement sees strong demand
IPO WATCH- Fawry’s private placement 15.9x oversubscribed: Investors oversubscribed 15.9x to the private placement portion of Fawry’s ongoing IPO, EFG…
Egypt’s Mo Salah among 10 nominees for Best Fifa’s Men’s Player award
Mo Salah among 10 nominees for Best Fifa’s Men’s Player award: A panel of Fifa legends has nominated the Egyptian…
Maait taps Reda Abdel Kader as Egypt’s new advisor to the finance minister on tax evasion
MOVES- Finance Minister Mohamed Maait has tapped Reda Abdel Kader as advisor to the finance minister on tax evasion, reports…
Earnings watch: Credit Agricole, Eastern Co, CI Capital, MM Group
EARNINGS WATCH- Credit Agricole 1H2019 profits increase 20% y-o-y: Credit Agricole reported a 1H2019 net profit of EGP 1.3 bn,…
Orascom Construction, Cleopatra Hospitals, now listed on rebalanced EGX30
The composition of the EGX30 is a bit different this morning after the exchange swapped six companies in its regular…
Misr Clearing looking to IPO sports subsidiary
IPO WATCH- Misr Clearing looking to IPO sports subsidiary: Procedures to IPO Misr Lel Makkasa Sporting Club will be completed…
Israeli regulator gives thumbs up to Delek-led EMG pipeline acquisition
Israeli regulator gives thumbs up to Delek-led EMG pipeline acquisition: Israel’s antitrust regulator has agreed to let partners Noble Energy…
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