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Earnings watch: GlaxoSmithKline reports 1H2018 results
EARNINGS WATCH- GlaxoSmithKline’s local subsidiary reported 1H2016 standalone net profits of EGP 101.679 mn, compared to a net loss of…
Speed Round
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Sharkawy and Sarhan, Shalakany announce newly minted partners
MOVES- It’s partnership season at the nation’s leading law firms. Sharkawy and Sarhan has made commercial and competition litigator Mohamed…
Mona El Garf to step down as ECA boss, return to teaching
MOVES- Mona El Garf to step down as ECA boss, to return to teaching: Egyptian Competition Authority (ECA) boss Mona…
Sarwa closes EGP 1.15 bn securitization bond issue, has EGP 500 mn issue in the pipeline
Sarwa Capital announced that Sarwa Securitization has closed an EGP 1.15 bn issue of securitization bonds. The bonds are backed…
Egypt, Greece among the biggest destinations for German travelers in 2017
Egypt and Greece were “the clear winners” of the German travel market in 2017, German Travel Association President Norbert Fiebig…
Aviation Minister in Moscow to sign security agreement ahead of restoration of direct Moscow-Cairo flights
Aviation Minister in Moscow to sign security agreement ahead of restoration of direct flights to Egypt: Civil Aviation Minister Sherif…
EBRD to invest EUR 1 bn in Egypt in 2018
INVESTMENT WATCH- The European Bank for Reconstruction and Development (EBRD) could invest as much as EUR 1 bn in Egypt…
Europe risks another wave of illegal migrants if aid programs are not sustained in host countries -UNHCR
Europe risks another wave of refugees “if aid programs are not sustained in five neighboring countries hosting the bulk of…
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