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The National Dialogue is starting to take shape
National dialogue rapporteurs appointed: The 19-member board of trustees overseeing the Sisi administration’s national dialogue named six rapporteurs and assistant…
Delta Sugar denies it’s the subject of an ADQ takeover bid
ADQ is being linked to everyone right now: Delta Sugar has denied knowledge of a rumored acquisition bid by Abu…
Globeleq is interested in investing in Egypt’s renewables, clean energy projects
Globeleq eyes Egypt energy investment: Africa-focused power producer Globeleq is looking to invest in electricity, renewable energy, green hydrogen and…
Earnings watch: AMOC, Credit Agricole, Export Development Bank, ADIB
EARNINGS WATCH- Alexandria Minerals Oil Company’s (AMOC) bottom line rose roughly 638% in 9M 2021-2022 to EGP 762 mn, according…
Khazna Card gets final approval from the Central Bank of Egypt
Khazna has received final approval from the Central Bank of Egypt (CBE) for its Khazna card, a Meeza prepaid card…
PIF subsidiary ups stake in EGX-listed Rameda + El Garhy buys Nat’l Glass and Crystal from ADIB Egypt
Saudi PIF subsidiary ups stake in Rameda: The Saudi Seventh Investment Company (SSIC) has purchased another 6.5% of Rameda Pharma,…
Gov’t appoints managers ahead USD 2 bn sukuk sale
Egypt has reportedly appointed six international banks to manage its maiden USD 2 bn sovereign sukuk issuance, Bloomberg reports, citing…
Earnings watch: ADIB, Odin Investments, Egytrans, Suez Canal Bank, and EGBank report 2021 results
EARNINGS WATCH- Abu Dhabi Islamic Bank reported EGP 1.45 bn in net income in 2021, up 22% y-o-y, according to…
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