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Global market turmoil sends investors fleeing emerging market shares and currencies
Turmoil in global markets had investors fleeing EM and other so-called “risky” assets yesterday. Shares in developed markets also took…
Speed Round
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Amer Group names new CFO and IR director
MOVES- Mahmoud El Ghetany has been named CFO and IR director at Amer Group, replacing Riad Refaat, who has been…
Fadi Abi Nader appointed Mars-Wrigley’s strategic initiatives office director
MOVES- Fadi Abi Nader (LinkedIn) has been appointed Mars-Wrigley’s strategic initiatives and reinvention management office director. Abi Nader has worked…
Schneider Electric Egypt names deputy CEO
MOVES- Schneider Electric Egypt has appointed Sherif Abdel Fattah as deputy CEO,Al Ahram reports. Abdel Fattah has worked at the…
Yasser El Tayeb named National Bank of Kuwait-Egypt’s managing director
MOVES- The National Bank of Kuwait-Egypt has named Yasser El Tayeb (LinkedIn) as its new managing director, according to a…
Earnings watch: Ibnsina Pharma, Amer Group, ODE
EARNINGS WATCH- Ibnsina Pharma 1Q2019 profits surge 46.6% y-o-y on rapid business growth: Medical products distribution company Ibnsina Pharma reported…
Odiggo receives USD 180k Saudi investment
INVESTMENT WATCH- Odiggo receives USD 180k Saudi investment: Egyptian e-commerce platform Odiggo has received USD 180k of investment from an…
RX Healthcare Fund to finalize Al Mottahedoon Pharma acquisition next week
M&A WATCH- RX Healthcare Fund to finalize Al Mottahedoon Pharma acquisition next week: EFG Hermes’ RX Healthcare Fund is expected…
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