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Egypt secures USD 200 mn World Bank SME loan during spring meetings
Here’s what the Investment Ministry thinks you need to know about the IMF and World Bank’s spring meetings, which wrapped…
Egypt pushes non-eurobond issuances into FY2019-20
Egypt pushes non-eurobond issuances into FY2019-20: Egypt will not issue yen- and yuan- denominated bonds (also known as Samurai and…
Mobile subscriptions in Egypt continue to fall, reaching 93.48 mn in January
The number of mobile subscribers in Egypt fell again in January to 93.48 mn users, down 7.8% from 101.32 mn…
Is Emaar Misr’s EGP 878 mn donation to the state related to its ongoing dispute with El Nasr Housing?
Watch this space: Emaar Misr has donated EGP 878 mn to national megaprojects, a form of corporate largesse that Public…
Futtaim announces expansion to Cairo Festival City
Al Futtaim is expanding Cairo Festival City mall, adding 120 retail stores and restaurants stretching over 22k sqm, it said…
Abraaj founder and managing partner arrested on fraud charges
Abraaj founder Aref Naqvi and managing partner Mustafa Abdel-Wadood have been arrested on fraud charges at the request of US…
Trump nominates UN rep Jonathan Cohen for next US ambassador to Egypt
MOVES- Trump names veteran diplomat Jonathan Cohen as next ambassador to Egypt: US President Donald Trump has nominated acting US…
Proposed tweak of constitutional amendments could see El Sisi in office until 2038
LEGISLATION WATCH- All constitution, all the time: Constitutional changes designed to lengthen presidential terms and bring back the upper house…
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