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Car sales rise in August as sector recovers from covid-19 slump
Car sales continued to rebound in August from a slump in sales during the second-quarter covid-19 lockdown, according to industry…
Egypt could take its debut sovereign green bond issuance to market as soon as today
Egypt could take its debut sovereign green bond issuance to market as soon as today, Bloomberg reported yesterday. The USD…
Kamal Negm sees renewed appointment to head the Customs Authority
MOVES- Kamal Negm is staying on as the head of the Customs Authority until his legal retirement age or a…
Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
Turki Al Shikh, Estadat Holding among bidders for share of Egypt’s Makkasa Sport
M&A WATCH- Turki Al Shikh, state-owned Estadat and an unnamed Gulf buyer are competing for MCDR’s stake in Makkasa Sport:…
Orascom Financial Holding eyeing United Bank of Egypt?
M&A WATCH- Is Orascom Financial eyeing the United Bank of Egypt? Orascom Financial Holding (OFH) could look at acquiring a…
Could we be fast approaching our maiden green bond issuance?
Egypt will soon go to market with its first maiden sovereign green bond, Finance Minister Mohamed Maait said yesterday, saying…
Egyptian Refinery Company’s Mostorod petrochem refinery inaugurated
Egyptian Refinery Company’s Mostorod petrochem refinery is inaugurated: Qalaa Holdings subsidiary Egyptian Refining Company’s (ERC) USD 4.3 bn facility in…
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