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CORRECTION
CORRECTION- The EGPC owes UK’s Rockhoppers Exploration arrears of USD 1.9 mn, not USD 1.9 bn as we reported yesterday,…
Earnings watch: Raya Contact Center reports 3Q2018 results
Raya Contact Center reported (pdf) a 14% y-o-y increase in consolidated net profit in 3Q2018 to EGP 48.5 mn, up…
Cabinet approves establishment of permanent committee to handle Egypt’s human rights portfolio
CABINET WATCH- The Madbouly Cabinet signed off yesterday on the establishment of a permanent Human Rights Committee, according to an…
Jordan wants to increase natural gas imports from Egypt
Jordan wants to import more natural gas from Egypt — enough to eventually cover as much as a third of…
FinMin, Trade Ministry looking to amend automotive tax framework as tariffs on European cars set to drop to zero
EXCLUSIVE- Last gasp of the automotive directive? A senior government official tells us the trade and finance ministries are studying…
Here’s what Egypt’s market regulator claims Beltone investment banking did wrong
Regulator’s grounds for suspending Beltone’s investment banking license are becoming increasingly clear: The Financial Regulatory Authority (FRA)’s grounds for suspending…
Egypt is the star of oil-importers in the region, according to the IMF
Egypt is the star among regional oil importers, according to the IMF: Egypt is setting the trend for growth and…
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