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Friday’s terror attack will not drive investors out of the market -RenCap MENA CEO
The deadliest terrorist attack on Egypt in its modern day history will not driveinvestors out of the market, Renaissance Capital’s…
Speed Round
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IPO of Alhokair’s malls unit said to be on hold, Iraq plans USD 2 bn eurobond
Also making news in the international business press this morning: Alhokair Malls IPO on hold? “Plans to revive the public…
OLX appoints Gobran as GM of OLX Egypt
MOVES- Classifieds ads platform OLX appointed Dina Gobran as the new General Manager for OLX Egypt. Gobran was previously OLX’s…
Shuaa Capital launches brokerage operations in Egypt
Shuaa Capital launches brokerage operations in Egypt: Shuaa Capital’s securities brokerage arm commenced operationsin Egypt official yesterday, following green light…
Aramco likely to begin refining fuel in Egypt in 1Q2018 - officials
Aramco likely to begin refining fuel in Egypt in 1Q2018 -officials: Saudi Aramco is likely to begin refining crude oil…
Egypt is open to buying natural gas from Israel -sources
Egypt is reportedly still open to buying natural gas from Israel, sources close to the matter tell Bloomberg. Israeli Energy…
EGX rises 0.8% on Sunday, despite Friday’s deadly attack on North Sinai
“Holders of Egyptian stocks seem to have developed thick skin,” Ahmed Feteha and Andrew Blackman write for Bloomberg. The EGX…
The Universal Healthcare Act will impose a tithe on basic commodities and materials
LEGISLATION WATCH- The Universal Healthcare Act will impose a tithe on basic commodities and materials — and business is furious:…
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