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Inflation cools in July to 13.5% after surge in June
Inflation cools in July to 13.5% after surge in June: Annual headline inflation cooled to 13.5% in July, down from…
Speed Round
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Ramez Farag leaves Mars
MOVES- Our good friend Ramez Farag is becoming L’Oreal’s corporate affairs director for the Middle East and Africa, based in…
US commits to providing Egypt with aid
US commits to providing Egypt with aid: The Trump administration is keen to ensure that the US aid to Egypt…
IFC funding to Egypt hits new record of USD 1.2 bn in FY2017-18
IFC funding to Egypt hits new record of USD 1.2 bn in FY2017-18: Funding to Egypt from the International Finance…
GB Auto 1H2018 results
EARNINGS WATCH- GB Auto reported a consolidated net profit of EGP 148.1 mn in 2Q2018, up 340.0% q-o-q from EGP…
ECA to conclude investigation into Uber antitrust complaints “soon”
ECA to conclude investigation into Uber antitrust complaints “soon”: The Egyptian Competition Authority (ECA) is still looking into complaints brought…
Aton Resources could be out second licensed major gold producer after Centamin
Aton Resources could be the second licensed major gold producer after Centamin: The Egyptian Mineral Resources Authority (EMRA) accepted a…
Did the IMF just call out Egyptian tax dodgers?
Did the IMF just call out Egyptian tax dodgers? IMF Executive Director Hazem El Beblawi scoffed at the notion that…
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