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Egypt’s export revenues reach record levels in 2021 -Madbouly
Export revenues reached a record USD 31 bn in 2021, Prime Minister Moustafa Madbouly said yesterday. Government efforts to support…
Kudos: Celebrating Festivus with the best of us
Celebrating Festivus with the best of us: With 2021 coming to a close and as we reflect on the goings…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
Egypt seeks funding for Lake Victoria-Mediterranean river link studies
Egypt seeks funding for Lake Victoria-Mediterranean river link: Egypt and several Nile Basin countries are on the lookout for USD…
Construction tech outfit Elmawkaa and mobile security startup MagicCube close rounds
Egyptian construction tech startup Elmawkaa has raised an undisclosed USD six-figure sum in a seed round led by Flat6Labs, with…
The foreign press takes note of Armed Forces Day
It was a mixed bag out of the foreign press over the weekend: 6 October: To mark Armed Forces day,…
Egypt-Saudi electricity interconnection finally kicks into gear, here’s what we know so far
The linkup of Egypt and Saudi’s electricity grids is finally moving forward — here’s what you need to know: A…
THIS MORNING: EGP EKH shares hit the EGX; Property IDs coming later this year; El Sisi to address UN tomorrow?
Good morning, ladies and gents— Before we get down to business, a reminder: EGP-denominated shares in Egypt-Kuwait Holding (EKH) began…
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