Middle East M&A activity continues to fall due to covid-19 pandemic
M&A WATCH- The value of M&A activity in the Middle East fell 58% y-o-y in 1H2020, outpacing the global average…
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M&A WATCH- The value of M&A activity in the Middle East fell 58% y-o-y in 1H2020, outpacing the global average…
Egypt could lose out on tourism revenues worth more than 2% of its GDP this year due to global travel…
MOVES- Orascom Development Egypt (ODE) has appointed ex-McKinsey & Company senior partner Omar El Hamamsy (LinkedIn) its new CEO, according…
EARNINGS WATCH- Pandemic lockdown weighed on Edita’s 2Q2020 performance: The covid-19 pandemic and the partial lockdown the government imposed weighed…
Egypt’s arrears to international oil companies fell to USD 850 mn at the end of June, down from USD 900…
LEGISLATION WATCH- El Sisi ratifies amendments barring retired army officers from standing for election without permission: President Abdel Fattah El…
CABINET WATCH- Cabinet approves decision to appoint an executive to lead the Tourism Promotion Authority: The Tourism Promotion Authority will…
Gov’t eyes 4.6% budget deficit, 82.5% debt-to-GDP ratio by 2023 -Maait: Egypt is looking to narrow the budget deficit to…
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