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Egypt food maker Edita reports 3Q2018 results
EARNINGS WATCH- Edita Food Industries recorded a net profit of EGP 89.4 mn in 3Q2018, up 34.1% y-o-y, up from…
Speed Round
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OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year
** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD)…
How the Khashoggi case could spell trouble for Egypt’s economy
Stretching for relevance, any kind of relevance: How the Khashoggi case could spell trouble for Egypt’s economy. The spillover effect…
Egypt, Germany sign EUR 129 cooperation protocol as Sisi meets Merkel in Berlin
Egypt and Germany signed a four-year economic cooperation protocol yesterday worth EUR 129 mn, according to an Investment Ministry statement.…
Turkey sets up confrontation over natural gas exploration rights in Eastern Med
Also on the foreign policy front: Turkey is setting up a confrontation in the Eastern Med over natural gas exploration…
Egypt, China relations on a roll with investment, tourists flowing in
** #4 Burgeoning relationship with Beijing is “win-win” for Cairo: Egypt’s ties with China have been taking strides since 2014,…
“Black cloud” over Cairo disappears because of smart government policy
** #3 When government policy works, part II: The Black Cloud. For as long as many of us at Enterprise…
Emaar Properties boss Mohamed Alabbar is looking to acquire a hotel in Cairo
** #2 INVESTMENT WATCH- Emaar Properties boss Mohamed Alabbar is looking to acquire a hotel in Cairo amid plans to…
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