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Former Abraaj exec Mustafa Abdel-Wadood pleads guilty to racketeering, fraud charges
Former Abraaj exec Mustafa Abdel-Wadood pleads guilty to racketeering, fraud charges: Former Abraaj managing partner Mustafa Abdel-Wadood has pleaded guilty…
Four of 11 MENA fund managers said to increase Egypt exposure
Over a quarter of MENA-based fund managers are planning to increase their allocations to Egypt over the next three months,…
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020: The government is…
Mena Health Partners to invest EGP 1 bn in three new hospitals
INVESTMENT WATCH- Mena Health Partners (MHP) plans to invest EGP 1 bn to build three new hospitals in Cairo and…
SPE Capital buys 30% stake in Future Pharma
M&A WATCH- SPE Capital buys 30% stake in Future Pharma: SPE Capital Partners has acquired a 30% stake in Future…
Eipico board approves acquisition of 9.77% stake in Medical Union Pharma
M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union: Pharma player Eipico’s board of directors has agreed to…
Egypt plans fuel hedging for FY2019-2020, confirms hedging took place in FY2018-19
Government plans fuel hedging for FY2019-2020, confirms hedging took place in FY2018-2019: Egypt is planning to hedge against rising oil…
IMF says no talks with Egypt over new program
Finish your plate before asking for a new program, IMF tells Egypt: The International Monetary Fund (IMF) will not open…
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