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CI Capital completes acquisition of 80% of Reefy
M&A WATCH- CI Capital completes acquisition of 80% of Reefy: CI Capital announced yesterday that it has completed the acquisition…
Speed Round
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Emirates Healthcare Group enters into strategic partnership with Alameda
M&A WATCH- UAE-based Emirates Healthcare Group signed a strategic partnership agreement with Egypt’s Alameda Healthcare Group, according to Trade Arabia.…
Egypt to repay USD 12 bn in foreign debt this year
Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD…
Iranian protests in their fifth day, violence intensifies
Protests against economic conditions and corruption in Iran carried into a fifth day yesterday, with the violence escalating as protesters…
Earnings watch: Qalaa Holdings reports 3Q2017 results
EARNINGS WATCH- Qalaa Holdings reported consolidated net revenues of EGP 2.469 bn in 3Q2017, growing 38% y-o-y from EGP 1.76…
Ismail Cabinet approves Unified Planning Act, Agriculture Law amendments
The Ismail Cabinet approved on Thursday the Planning Ministry’s Unified Planning Act and sent it to the Council of State…
Supply Ministry’s price-printing policy officially comes into effect
The Supply Ministry’s price-printing policy officially came into effect yesterday, Al Masry Al Youm reports. The decree requires grocers to…
Agriculture Ministry issues new regulations for guava and pomegranate exports, as trade deficit narrows and Trade Ministry discloses new strategy to boost exports
The Agriculture Ministry issued new regulations yesterday tightening inspection procedures for guava and pomegranate exports, less than a week after…
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