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What we’re tracking on 5 May 2020
It’s PMI day here in Egypt, and if the rest of the world is any indication, it won’t be pretty:…
Gov’t cuts growth outlook for FY2020-2021 — again
Gov’t again cuts growth outlook for FY2020-2021: The government has revised downward its growth outlook for FY2020-2021 to 2% from…
Apicorp to support member countries with USD 500 mn ‘covid-19 recovery’ funding
Egyptian companies will be among the beneficiaries of USD 500 mn in covid-19 recovery funding from Apicorp: The Arab Petroleum…
Apicorp to increase callable capital eightfold to USD 8.5 bn
Apicorp to increase callable capital eightfold: Arab Petroleum Investments Corporation (Apicorp) shareholders have given the go-ahead to increase the development…
What we’re tracking on 22 April 2020
Good morning, friends. We hope this shortened workweek is treating you well as we hurtle along this news rollercoaster known…
Alexandria Medical Services is unaffected by NMC investigation, says CEO
Alexandria Medical Services unaffected by NMC fiasco -CEO: Alexandria for Medical Services CEO Alaa Abdel Meguid is trying to distance…
What we’re tracking on 8 April 2020
The 7pm-6am curfew to slow the spread of covid-19 technically expires today. We say “technically” because it was imposed on…
MEDAF Financial Leasing granted license to begin operations in Egypt
The Financial Regulatory Authority has granted MEDAF Financial Leasing, the subsidiary of investment holding group MEDAF Investments, a financial leasing…
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