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Egypt’s FX reserves reach USD 44.218 bn at end-April
Egypt’s foreign reserves were essentially unchanged at USD 44.218 bn at the end of April, up slightly from USD 44.112…
Egypt is one of Franklin Templeton’s top three global market picks for growth
Egypt is one of Franklin Templeton’s top three global market picks for growth, Zawya reports. Salah Shamma, co-head of MENA…
Egypt’s House planning committee begins discussing FY 19-20 draft budget
BUDGET WATCH- Parliament begins committee-level review of draft FY2019-2020 state budget: The House of Representatives’ Planning and Budgeting Committee has…
Egypt’s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo
Heliopolis Housing and Development (HHD) sold a 1,980-feddan land plot in Sheraton, Heliopolis, for EGP 99.3 mn at auction on…
Maridive wins USD 27 mn service contract in Mexico
Maridive Oil Services has won a USD 27 mn services contract for work in Mexico, the company announced in a…
Compass completes exit from CI Capital
Compass completes exit of CI Capital: Private equity firm Compass has completed the sale of its remaining equity stake in…
World Bank chief says Benban solar park shows commitment to supporting the private sector
World Bank boss points to Benban solar park as evidence of Egypt’s support for the private sector: The 1.6 GW…
Thailand’s PTT Energy Resources files USD 1 bn lawsuit against gov’t over EMG
EXCLUSIVE- Thailand’s PTT Energy Resources has filed a USD 1 bn lawsuit against Egypt over EMG: Thai state-owned energy company…
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