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Eastern Tobacco profits fall in 1H2018-19
EARNINGS WATCH- Eastern Tobacco profits fall in 1H2018-19: Eastern Tobacco saw net profits after tax for 1H2018-19, which ended in…
Madbouly Cabinet tightens trafficking laws
CABINET WATCH- Madbouly Cabinet tightens trafficking laws: Apart from discussing key economic indicators (as noted above), the Madbouly Cabinet approved…
Boards of banks in Egypt can meet a little less frequently now if they want, CBE says
REGULATION WATCH- Bank boards can meet a little less frequently now, central bank says: The CBE issued new regulations that…
Insurance companies not happy with capital requirements in Insurance Act
LEGISLATION WATCH- Insurance companies object to high capital requirements in Insurance Act: The industry association representing the nation’s insurance company…
Egyptian contractors ready to start work on NAC light railway
OC, Hassan Allam among five contractors working on NAC light railway: Our friends at Orascom Construction and Hassan Allam are…
Al Nowais, EETC to sign power plant agreement in 1Q2019
INVESTMENT WATCH- Al Nowais, EETC to sign coal power plant agreement in 1Q2019: Al Nowais will sign a contract with…
AlGioshy Steel eyes 4Q2019 EGX debut
IPO WATCH- AlGioshy Steel is considering listing 40% of its shares on the EGX in 4Q2019 to fund its local…
Develop a solid industrial base or return to the IMF, AUC prof writes for Bloomberg
Reforms alone may not be enough to wean Egypt off the IMF: The government’s economic reform program won’t address Egypt’s…
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