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NIB to select nine companies for second phase of Egypt’s privatization program
**#2 IPO WATCH- NIB to select nine companies for second phase of state privatization program: The National Investment Bank (NIB)…
EGX30 falls 13.2% in 2018 amid emerging markets sell-off
**#1 The Egyptian bourse’s benchmark EGX30 index fell 13.2% in 2018 amid global markets fluctuations and the emerging markets sell-off,…
Three Egyptian startups among 12 African startups to watch in 2019
Three Egyptian startups made Disrupt Africa’s list of “12 African startups to watch in 2019”: Elves, a personal assistant app,…
New boss appointed to head National Tunnel Authority
MOVES- National Tunnel Authority gets new boss: Transport Minister Hisham Arafat has appointed Gen. Ahmed Abdel Moneim Mohamed as the…
Egypt’s Cabinet approves three funding facilities for water projects
CABINET WATCH- Cabinet approves three funding facilities for water projects: Cabinet ratified during yesterday’s Council of Ministers meeting four agreements…
Something’s going on out by the Pyramids, but we can’t quite put our finger on it
Something’s going on out by the Pyramids, but we can’t quite put our finger on it: The latest turn in…
Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars
Hyundai Rotem lands USD 134.5 mn contract to supply metro cars: Hyundai Rotem has landed a USD 134.5 mn contract…
DP World signs EGP 1.6 bn agreement to expand Ain Sokhna Port
INVESTMENT WATCH- UAE’s DP World moving ahead with EGP 1.6 bn expansion of Ain Sokhna port: DP World has signed…
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