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Nasr signs EUR 320 mn-worth of agreements with Germany
Nasr signs EUR 320 mn-worth of agreements with Germany: Investment and International Cooperation Minister Sahar Nasr signed three agreements yesterday…
Speed Round
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Uber invests USD 20 mn in new service center in Egypt
Ride-hailing app Uber announced yesterday that it invested USD 20 mn in the new support center it inaugurated in Cairo,…
PepsiCo Egypt GM to become CEO of PepsiCo India
MOVES- Ahmed El Sheikh, senior VP and GM of PepsiCo Egypt and Jordan, is taking over as CEO of PepsiCo…
Alexandre Froment Curtil to replace Stefano Gastaut as VFE CEO starting 1 Jan
MOVES- Alexandre Froment Curtil is set to take over as CEO of Vodafone Egypt starting 1 January 2018, according to…
Did Aramco sign an agreement to refine fuel at MIDOR?
Did Aramco sign an agreement to refine fuel at MIDOR? Saudi Arabia may have given a boost to our regional…
Egypt named by Moody’s as one of the countries most at risk of rising global interest rates
Egypt is among the most vulnerable to rising global interest rates –Moody’s. Ratings agency Moody’s says Egypt joins Mongolia and…
IMF World Economic Outlook: Egyptian GDP to grow by 4.5% next year as inflation cools, job creation ramps up; EM remain vulnerable to monetary policy shifts in developed market
The IMF expects the Egyptian economy to grow by 4.1% this year — and sees growth accelerating to 4.5% in…
BNP Paribas says Cairo trip reaffirms positive outlook on Egyptian economy
A recent visit to Cairo by BNP Paribas reps reaffirmed the bank’s “positive outlook on the Egyptian economy, whilst highlighted…
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