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Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term
EARNINGS WATCH- Sarwa Capital’s 4Q profit unchanged, volatility seen in the short term: Structured- and consumer-finance firm Sarwa Capital’s 4Q2018…
Speed Round
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NBK Capital Partners’ Kaumeya Language School acquires KIAS
M&A WATCH- NBK Capital Partners’ Kaumeya Language School acquires KIAS: NBK Capital Partners’ Kaumeya Language School has acquired King Integrated…
Aramco to supply Egypt with 500k barrels of crude per month until June
Aramco to pump crude to Egypt’s refineries through June: Saudi Aramco will be supplying Egypt with 500k barrels of crude…
Qalaa’s Egyptian Refining Company goes online in 3Q2019
Qalaa’s ERC goes online in 3Q2019: Egyptian Refining Company (ERC)’s USD 4.3 bn facility will be up and running in…
Trade & Industry Ministry agrees to pay EGP 7.8 bn of export subsidies
Trade Ministry reportedly agrees to pay export subsidies worth EGP 7.8 bn: The Trade and Industry Ministry will pay EGP…
FRA issues regulations to activate short selling
Habemus short selling: The Financial Regulatory Authority (FRA) took a giant leap forward in the drive to bring short selling…
Russia “may” resume flights to Egypt’s Red Sea resorts in the near future
Do the Russians, at least, know what’s up? Direct flights from Russia to the Red Sea tourist destinations “fully” resume…
UK PM Theresa May says flight ban still “under review”
May to Egypt: Don’t hold your breath on direct flights to Sharm. UK Prime Minister Theresa May told President Abdel…
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