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El Erian appointed senior advisor at Gramercy Fund Management
MOVES- The always-on-point Mohamed El Erian (LinkedIn) has been appointed as a part-time senior adviser at Gramercy Fund Management, according…
Arab Federation of Exchanges annual conference kicks off
If we’re going to be big in fintech, we first need to embrace regtech and govtech, says World Bank’s Mohieldin:…
Sawari Ventures to invest c.USD 70 mn in North Africa within four years
INVESTMENT WATCH- Sawari Ventures to deploy c.USD 70 mn across North Africa over four years: Egyptian venture capital firm Sawari…
Moody’s upgrades credit ratings of five Egyptian banks
Moody’s upgrades credit ratings of five local banks, with stable outlook: Moody’s has upgraded our friends at CIB along with…
Egypt votes in favor of amending the constitution
We have a new constitution: Some 88.83% of participating voters cast ballots in favor of amending the constitution, chairman of…
Arafa Holding records consol net profit of USD 3 mn
EARNINGS WATCH- Arafa Holding recorded a consolidated net profit of USD 3 mn from February 2018 until the end of…
IDA places moratorium on land tenders for coming months, competition authority is going monopoly hunting aming importers
Industry wants to watch out for the next few months: The Industrial Development Authority (IDA) will not issue further land…
Egypt’s cabinet to set up working group on attracting FDI
Madbouly instructs cabinet to set up a working group to attract investment: Prime Minister Moustafa Madbouly ordered the creation of…
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