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Kuwait’s Agility and Centerbridge team up in Abraaj acquisition bid
Kuwait’s Agility and Centerbridge team up in Abraaj acquisition bid: Kuwait’s Agility took its intention to acquire part or all…
Speed Round
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El Sisi, Netanyahu held “secret meeting” over Gaza ceasefire
El Sisi, Netanyahu held “secret meeting” over Gaza ceasefire: President Abdel Fattah El Sisi reportedly held a secret meeting in…
House to look at family planning in the next House session
LEGISLATION WATCH- House to look at family planning in the next House session: House of Representatives Economic Committee Chair Mohamed…
Renewable energy companies to pay 2% of their output for land rights
Renewable energy companies might pay 2% of their output for land rights: The government is looking to make renewable energy…
Egypt, China ink USD 45 mn agreement to launch NileSat 2
Egypt will receive a USD 45 mn grant from China to launch phase two of its NileSat project under an…
Earnings Watch: Ibnsina Pharma, ACC, TE report 1H2018 results
EARNINGS WATCH- Ibnsina Pharma reported a 40.1% y-o-y increase in net profit to EGP 75.2 mn in 1H2018, according to…
UAE banks to raise USD 500 mn syndicated loan for TE
UAE banks to raise USD 500 mn syndicated loan for TE: The state-owned Telecom Egypt (TE) has tapped First Abu…
EPSD signs two agreements worth EUR 70 mn with Germany’s BAG for new manufacturing projects at East Port Said industrial zone
INVESTMENT WATCH- Germany’s BAG to invest EUR 70 mn on manufacturing projects at East Port Said industrial zone: The East…
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