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First edition of Startupbootcamp-Pride accelerator kicks off
First edition of Startupbootcamp-Pride accelerator kicks off: Pharos’ Pride Capital and global seed program organizer Startupbootcamp launched yesterday the first…
Elsewedy-Mitsubishi consortium wins USD 550 mn EPC contract for Sharjah power plant
Elsewedy-Mitsubishi consortium awarded USD 550 mn EPC contract for Sharjah power plant: A consortium of Elsewedy Electric and Mitsubishi Hitachi…
Raya BOD agrees to Medhat Khalil’s MTO
M&A WATCH- Raya board agrees to Medhat Khalil’s MTO: Raya Holding’s board of directors has approved a mandatory tender offer…
Money supply growth continues to slow in February
Money supply growth continues to slow: Egypt’s pace of M2 money supply growth continued to slow in February, falling slightly…
Egypt in talks with Asian gov’ts for sovereign guarantees for eurobonds
EXCLUSIVE- The Finance Ministry is currently in talks with Asian central banks for sovereign guarantees to issue eurobonds to ensure…
Gov’t leaves 95-octane price on hold as fuel pricing mechanism is introduced
The price of 95-octane fuel will stay unchanged as a new pricing mechanism is introduced: The price of 95-octane will…
FinMin releases Egypt’s draft FY2019-20 budget
The state’s FY2019-20 budget is now with the House: The Finance Ministry sent yesterday its draft FY2019-20 budget (pdf) to…
AIND reports record EGP 72.7 mn net profit in 2018
EARNINGS WATCH- B Investments posted net profits of EGP 194 mn in 2018, a 46% increase from the EGP 133…
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