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Germany’s Wintershall DEA looking to invest USD 800 mn in Egypt through 2020
INVESTMENT WATCH- Germany’s Wintershall DEA is looking to invest USD 800 mn in Egypt through 2020, Oil Minister Tarek El…
EGX boss sees two private companies, one state-owned company IPOing this year
IPO WATCH- Two private companies, one state-owned company expected to IPO this year -Farid: EGX boss Mohamed Farid expects one…
Abu Dhabi Capital Group taps Ahmed Fathallah as CGP, Imkan CEO
MOVES- Abu Dhabi Capital Group has tapped its senior executive Ahmed Fathallah (LinkedIn) as CEO of two of its portfolio…
Edita releases its first Sustainability Report
Edita published its first-ever Sustainability Report yesterday, which lists the various initiatives that the snack maker took last year in…
Earnings watch: Abu Qir Fertilizers and Alexandria Mineral Oils
EARNINGS WATCH- Abu Qir Fertilizers FY2018-2019 profits jump 30.5% y-o-y: Abu Qir Fertilizers reported net income of around EGP 3.2…
GAFI to ensure companies stick to target export mix, eases work and residency permit procedures
REGULATION WATCH- Freezone companies need to stick to target export mix: The General Authority for Investment (GAFI) has commissioned a…
Red Sea gas scramblers have until mid-September to submit bids to Egypt’s GANOPE
Scramblers have until mid-September to submit bids for Red Sea exploration: The South Valley Egyptian Petroleum Holding Company (Ganope) has…
Gov’t-approved incentives for shipping companies revealed
Incentives to shipping companies revealed: Shipping companies will receive discounts of up to 45% on shipping fees as part of…
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