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Egypt, Greece sign agreement for EastMed economic zone, drawing Turkish ire
Egypt and Greece have signed an agreement creating a joint exclusive economic zone in the oil-and-gas-rich eastern Mediterreanean, the countries’…
Alaa Amer voted in as MCDR chairman
MOVES- Alaa Amer has been named chairman of Misr Central Clearing, Depository and Registry (MCDR) with 93.5% of the total…
Delivery Hero to rebrand Otlob as Talabat
STARTUP WATCH- The Egyptian nationalist inside us is *REALLY* unimpressed: Food delivery service formerly known as Otlob will soon become…
Gastec to establish 23 new natural gas filling stations
Gastec plans to open 23 new natural gas filling stations and five integrated natgas and gasoline stations this year as…
Acquisition talks between OIH, Qatari Diar for City Gate project end without agreement
M&A WATCH- Talks that could have seen Naguib Sawiris acquire City Gate from developer Qatari Diar have collapsed after the…
BariQ to issue EUR 40 mn green bonds by early 2021
Raya’s BariQ is looking to take a EUR 40 mn green bond to market by early 2021 to finance the…
Non-oil business activity hits 12-month high in July
Non-oil business activity hits 12-month high in July: Activity in Egypt’s non-oil private sector contracted at its slowest rate in…
Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC
EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining’s pre-tax profits soared by 221%…
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