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Egypt’s SWF joins international wealth fund body
Egypt Wealth Fund joins international industry body: Egypt’s sovereign wealth fund has joined the International Forum of Sovereign Wealth Funds…
Russia may resume charter flights to Egypt this year
Russia could resume charter flights to Egypt this year, the country’s industry and trade minister, Denis Manturv, said on Friday,…
Dragon Oil agrees to acquire BP’s GUPCO assets
M&A WATCH- Dragon Oil agrees to acquire BP’s Gulf of Suez assets: BP reached an agreement to divest its interests…
Government IPOs set for September on schedule
EXCLUSIVE- IPOs by state-owned companies set for fall as planned, come what may: State-owned companies selected to make initial public…
Earnings watch: Cleopatra Hospitals reports 1Q2019 profits
Cleopatra Hospitals Group reported a 4% y-o-y dip in 1Q2019 net profits to EGP 55.1 mn compared to EGP 57.2…
Mineral Resources Act gets committee-level approval at Egypt’s House
LEGISLATION WATCH- Mineral Resources Act gets committee-level approval at House: Committees at the House of Representatives have given a preliminary…
Edita signs USD 30 mn loan facility agreement with the IFC
INVESTMENT WATCH- Edita lands loan worth up to USD 30 mn from IFC: Edita has signed an agreement with the…
Helios, EAEF acquire 96.7% stake in Misr Hytech
M&A WATCH- Helios, EAEF acquire 96.7% of Misr Hytech: Helios Investment Partners and the Egyptian-American Enterprise Fund (EAEF) have acquired…
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