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Cleopatra Hospitals on track for 15% revenue growth in 3Q2020
EARNINGS WATCH- Cleopatra Hospitals Group (CHG) is on track to record 15% y-o-y revenue growth in 3Q2020, with an expected…
Swvl plans expansion into Gulf countries in coming months
STARTUP WATCH- Ride-hailing app Swvl is looking to expand to the Gulf in the coming months, General Manager Omar Selim…
Authorities in Alexandria impose fees on transporting hazardous goods
Security authorities in Alexandria are imposing fees on transporting hazardous materials out of the city’s main port, according to a…
Suez Cement submits MTO for 100% of subsidiary Tourah Cement
M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement’s German parent company HeidelbergCement has submitted a…
Palm Hills, CI Capital’s Taaleem sign shareholder agreement for Badya university
Palm Hills Developments (PHD) and CI Capital’s Taaleem have set up a joint venture to develop their planned EGP 1.6-1.9…
Social spending programs in the Middle East are still lagging behind the EM average
Social spending programs in the Middle East and Central Asia are still lagging behind the EM average, despite making “notable…
Gov’t requests another EUR 250 mn from EBRD for Abu Qir metro project
DEBT WATCH- More EBRD funds in the pipeline for Abu Qir metro conversion project? The European Bank for Reconstruction and…
Sarwa Capital, unnamed company to issue EGP 4.5 bn of sukuk this year
DEBT WATCH- Two corporate sukuk offerings worth a combined EGP 4.5 bn are expected to go to market this year,…
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