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Al Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022
INVESTMENT WATCH- Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022: Mansour Group’s Al…
Speed Round
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Unemployment rate drops to 9.9% in 2Q2018, down from 10.6% in 1Q2018
Unemployment dropped to 9.9% in 2Q2018, down from 10.6% in the first quarter of the year, CAPMAS announced in its…
Egypt may face challenges as it ventures into the realm of nuclear power generation
Egypt may face challenges as it ventures into the realm of nuclear power generation, which requires substantial and sophisticated infrastructure…
Sisi renews Mamish post as SCA head for additional year
MOVES- Suez Canal Authority (SCA) head Mohab Mamish will remain in his post for another year, according to a presidential…
Preferred Hotels appoints Nicolas Villemin as regional director for MENA
MOVES- Preferred Hotels & Resorts named Nicolas Villemin as regional director for Middle East and North Africa, according to Hotelier…
Centamin appoints Ibrahim Fawzy as non-executive director
MOVES- Gold miner Centamin appointed former Mubarak-era minister Ibrahim Fawzy to its board as an independent non-executive director, according to…
Earnings Watch: Elsewedy, EKH, ODE, TMG, Emaar Misr, and AT Lease report 1H2018 earnings
EARNINGS WATCH- Elsewedy Electric reported a 21% y-o-y decline in net profit after minority interest in 1H2018 to EGP 2.37…
Evergrow in talks with IDA for land to complete second phase of potassium sulfate plant
INVESTMENT WATCH- Evergrow in talks with IDA for land to complete second phase of fertilizer complex: Fertilizers producer Evergrow is…
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