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OC, CI Capital, Crédit Agricole report 1Q2021 earnings
EARNINGS WATCH- Orascom Construction (OC) reported a bottom line of USD 23.9 mn in 1Q2021, down 4.4% y-o-y from USD…
With Egypt as a superstar, global interest in frontier market debt is on the rise
Global interest in frontier market debt is rising as investors search for higher-yielding assets, the Financial Times reports. Craig McLeod,…
First Cleopatra, now Nile Misr.
Nile Misr Healthcare plans to lower its initial offer for a majority stake in Alexandria Medical Services following Cleopatra Hospital…
Elon Musk has the crypto markets at his beck and call
Elon Musk has the crypto markets at his beck and call: Crypto traders appear to be hanging on the bn’aire…
Azimut Egypt is rolling out a new equity fund
Retail investors can subscribe to Azimut Egypt Asset Management’s new equity fund as of this coming Sunday, 23 May, Hapi…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
What the markets are doing on 17 May 2021
Global remittance flows have held up in the face of the pandemic: Remittances to low- and middle-income countries fell only…
Actis to double energy investments in Egypt, Africa in 5 years
Emerging markets private equity giant Actis aims to double its energy investments in Egypt and other African countries to USD…
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