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Egypt’s Nawah Scientific raises USD 1 mn pre-series ‘A’ round
INVESTMENT WATCH- Cairo-based Nawah Scientific has raised USD 1 mn in a pre-series ‘A’ funding round, Menabytes reports. The round…
Unnamed foreign bank interested to fund Raya MTO
M&A WATCH- Int’l bank may back Medhat Khalil’s take-private bid for Raya: An unnamed international investment bank could finance Medhat…
Zaki Hashem gets Enppi IPO mandate
IPO WATCH- Zaki Hashem gets Enppi mandate: Zaki Hashem & Partners has been appointed as domestic counsel to Engineering Company…
International financial institutions looking at Banque du Caire IPO
IPO WATCH- Four international financial institutions are looking to buy stakes in Banque du Caire as soon as its IPO…
Average yields on Egypt T-bills stable after termination of repatriation mechanism
Average yields on Egyptian treasury bills were stable on Thursday, the first auction after the country scrapped the repatriation mechanism.…
PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October
PMI: Non-oil business activity contracts for third month in a row: Private sector activity contracted for the third month in…
Egypt signs agreements with global companies at EDEX 2018
Egypt signs agreements with global companies at EDEX 2018: France’s Naval Group and Egypt’s Marine Industries and Services Organization (MIASO)…
GASC has not issued letters of credit for 16 wheat shipments
Gov’t dismisses traders’ claim of delay in letters of credit for wheat shipments: The government has responded to a Reuters…
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