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CI Capital expects to raise USD 100 mn through its anticipated IPO
IPO WATCH- CI Capital expects to raise USD 100 mn through its anticipated IPO: CI Capital is expecting to raise…
Speed Round
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PMI dips unexpectedly in March
Egypt’s headline purchasing managers’ index reading dipped to 49.2 in March from 49.7 a month earlier, according to the monthly…
Ethiopia gets new prime minister as GERD talks kick off again this week
Abiy Ahmed was sworn in as Ethiopia’s new Prime Minister yesterday in country’s parliament Addis Ababa, Africa News reports. The…
HuffPost Arabi is no more
HuffPost has pulled the plug on its Arabic-language service after a three-year run. The company did not give a reason…
Abdelrahman Sultan replaces Francesco Monaco as FCA CEO
MOVES- Fiat Chrysler Automobiles (FCA) has appointed Abdelrahman Sultan as the CEO of its Egypt operations, Al Mal reports. Sultan…
Nissan Egypt appoints Kohei Maeda as new chairman
MOVES- Kohei Maeda has been appointed as Nissan Egypt’s new chairman, Al Mal reports. Maeda, who succeeds Isao Sekiguchi, has…
Tourism Minister taps Ahmed Youssef as new Tourism Promotion Authority head
MOVES- Ahmed Youssef has been named the new head of the Tourism Promotion Authority, succeeding Hisham El Demery, who had…
EFG Hermes tops EGX’s March brokerage league table
March brokerage league table: EFG Hermes topped the EGX’s brokerage league table for March with a 24.2% market share, according…
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