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Edison, Qalaa scrap plans for USD 150 mn power plant in Abu Qir
Edison, Qalaa scrap plans for USD 150 mn power plant in Abu Qir: Edison and Qalaa Holdings have decided to…
Speed Round
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Orascom Investment to acquire entire stake of Nile Sugar by year-end
M&A WATCH- Orascom Investment to acquire entire stake of Nile Sugar by year-end. Orascom Investment Holding (OIH) will acquire all…
Cairo Angels invests in Buseet
**#7 INVESTMENT WATCH- Cairo Angels invests in Buseet: Venture capitalist firm Cairo Angels has announced that it has made an…
Sawari Ventures to launch EGP 1 bn FinTech fund by year-end pending CBE approval
**#6 INVESTMENT WATCH- Sawari Ventures to launch EGP 1 bn fintech fund by year-end: Sawari Ventures will launch its EGP…
Good retail appetite for CIRA IPO heading into last day of subscription period
**#5 IPO WATCH- Retail component of CIRA offering is c. 4.5x oversubscribed: Appetite for leading private sector education outfit CIRA’s…
Praise from IMF, World Bank on Egypt’s economic reforms
**#3 REPORT FROM NEW YORK- Praise from IMF, World Bank on the economic reforms: President Abdel Fattah El Sisi and…
Central Bank of Egypt seen leaving interest rates on hold at 27 September 2018 meeting
**#2 Consensus is that the central bank will leave interest rates on hold this Thursday when its monetary policy committee…
Egypt cancels bond auction for the fourth consecutive week
**#1 Egypt cancels bond auction for the fourth consecutive week: Egypt called off its fourth treasury bond auction in as…
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