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Egypt sovereign wealth fund to be launched at the end of the year, lots of room for private sector participation –Planning Minister
Egypt will launch its sovereign wealth fund at the end of the year and will begin a roadshow in 1H2019…
Speed Round
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Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet
Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet: Housing Minister Mostafa Madbouly was appointed…
Clarification on economic model for the Egyptian gold mining industry
CLARIFICATION- Regarding our piece earlier this week on plans for the overhaul of the economic model for mining in Egypt,…
Elsewedy Electric reports 7% y-o-y drop in net profit in 1Q2018
EARNINGS WATCH- Elsewedy Electric reported a 7% y-o-y drop in net profit after tax and minority interest to EGP 1.4…
Bahrain sets new rules for Egyptian imports ahead of guava imports resuming
Bahrain sets new regulations before resuming guava imports from Egypt: Egypt must provide Bahrain with a list of guava farms…
The Water Act will likely be approved by Parliament in its next legislative session
LEGISLATION WATCH- The House of Representatives will likely pass a new Water Act during its next legislative session, House Agriculture…
Are we one step closer to seeing short term bonds?
LEGISLATION WATCH- Are we one step closer to seeing short term bonds? The Financial Regulatory Authority (FRA) appears to have…
Healthcare blockchain startup Iryo is planning to expand into Egypt
Healthcare blockchain startup Iryo is planning to expand into Egypt, Iraq, Syria, Jordan, and Djibouti after it successfully “deployed blockchain-based…
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