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Egypt’s FX reserves reach USD 44.060 bn at end-February
Egypt’s net foreign reserves stood at USD 44.060 bn at the end of February, up from USD 42.616 bn the…
Speed Medical obtains regulatory approval to debut its shares on Egypt’s exchange
IPO WATCH- Speed Medical has obtained regulatory approval to debut its shares on the EGX, Chairman Mahmoud Lasheen said, according…
Eastern Tobacco’s public offering 42.3% covered on second day of subscription
IPO WATCH- Eastern Tobacco’s public offering 42.3% covered on second day of subscription: The public offering portion of Eastern Tobacco’s…
Enppi IPO expected in 1H2019, oil minister says
Enppi IPO to go to market by Ramadan? The initial public offering of petroleum industry contractor Enppi might take place…
Topline tax for Egypt’s zone companies to apply only to new projects:
Topline tax for zone investors to apply only to new projects: The Investment Ministry’s dispute resolution unit has decided to…
Earnings watch: Emaar, MM Group, GTH, Oriental Weavers
EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to…
Hala El-Mohandes appointed deputy CEO of project and export finance at Carbon Holdings
MOVES- Our friends at Carbon Holdings have tapped Hala El-Mohandes (LinkedIn) as deputy CEO of project and export finance, according…
Online fashion store Namshi coming to Egypt
Online fashion store Namshi is coming to town: Dubai’s Emaar Malls’ recently acquired e-commerce fashion platform Namshi is eyeing expanding…
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