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Swvl, Egyptian Streets founders among several Egyptians on Forbes’ first Arab 30 Under 30 list
Swvl, Egyptian Streets founders among several Egyptians on Forbes’ first Arab 30 Under 30 list: Egyptian Streets founders Mohamed Khairat…
Speed Round
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Is Egypt boycott Turkish products?
Is Egypt really boycotting Turkish products? Efforts in Egypt to boycott Turkish products are gaining momentum, Ahval reports. Calls for…
CRBC to begin work on USD 350 mn Nuweiba terminal by end of March
The China Road and Bridge Corporation (CRBC) is planning to break ground on a USD 350 mn multipurpose terminal in…
Earnings Watch: GB Auto, Cleopatra Hospitals Group, Ibnsina Pharma, Oriental Weavers report 2017 results
EARNINGS WATCH- GB Auto reported a consolidated net loss of EGP 666.9 mn in 2017, narrowing from EGP 865.7 mn…
Dana Gas receives USD 10.4 mn from gas sales to Egypt
Dana Gas received USD 10.4 mn last month from the sale of Egyptian natural gas condensate as part of a…
Egypt looks to raise Zohr output to 700 mcf/d in May
Egypt is looking to raise output from the Zohr offshore gas field to 700 mcf/d in May, Oil Minister Tarek…
Ezdehar Egypt to invest USD 80 mn in export-heavy industrial sectors, non-banking financial services this year
INVESTMENT WATCH- Ezdehar Egypt Mid-Cap fund is planning to invest USD 80 mn this year in Egypt’s export-heavy industrial sectors,…
Reserves at the central bank hit USD 42.5 bn in February, their biggest jump since July
Reserves record their biggest jump since July: The central bank’s FX reserves recorded USD 42.5 bn in February from USD…
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