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PM discusses energy investments with Blackstone’s Zarou
INVESTMENT WATCH- PM discusses energy investments with Blackstone’s Zarou: Prime Minister Moustafa Madbouly met with Sameh Shenouda, CEO of Blackstone’s…
Speed Round
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Actis-backed Lekela wants to build two wind plants in three years at a cost of USD 500 mn
INVESTMENT WATCH- Actis-backed Lekela wants to build two wind plants in three years at a cost of USD 500 mn:…
Petroceltic says EGPC owes it USD 30 mn in overdue payments
DISPUTE WATCH- Petroceltic claims EGPC owes it USD 30 mn: UK energy company Petroceltic is filing for international arbitration to…
Union Fenosa denies agreement with Egypt over Damietta LNG plant
DISPUTE WATCH- The Damietta LNG plant may not be reopening in April after all: Damietta LNG plant operator Union Fenosa…
Cairo court reduces antitrust fine against Ibnsina Pharma execs
DISPUTE WATCH- Cairo court slashes antitrust fine against Ibnsina Pharma execs: The Cairo Appeals Court issued a ruling yesterday reducing…
Egypt markets USD-denominated eurobonds to international investors
Egypt opens book for USD-denominated eurobonds: Egypt marketed its USD-denominated eurobonds to international investors in Luxembourg yesterday, Finance Minister Mohamed…
Two policemen, terrorist killed in suicide bombing near Al Azhar
Two policemen were killed and three others were wounded when an explosive device carried by a terrorist detonated near Al…
GB Auto to push efficiency as theme for 2019
GB Auto pushes efficiency, guides for top- and bottom-line growth in 2019. “Our main theme this year is efficiency, as…
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