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Why investors are abandoning triple-C debt: An explainer
During recessions, investors tend to shy away from triple-C debt. Sounds like a no-brainer, right? Not quite. Monetary policy makers…
It’s been hailed as a great African success story, but does Jumia represent a new kind of colonialism?
It’s been hailed as a great African success story, but does Jumia represent a new kind of colonialism? The Nigeria-based…
House nods to Investment Act, law allowing foreigners to obtain Egyptian passports
LEGISLATION WATCH- It was a busy day at the House of Representatives as MPs rush to clear bills off their…
Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles
INVESTMENT WATCH- Raya Auto plans to invest EGP 300 mn in three years: Raya Holding’s automotive unit Raya Auto is…
Egypt’s current account deficit almost doubles in 3Q2018-2019
Current account deficit almost doubles in 3Q2018-2019 as non-oil imports rise: The current account deficit almost doubled during 3Q2018-2019 to…
Egypt in talks with a number of automotive companies for local assembly
EXCLUSIVE- Tata joins host of automotive companies in talks to invest in Egypt: India’s Tata Motors is in talks with…
Kharafi National looking to invest up to EGP 1 bn in Future City
INVESTMENT WATCH- Kharafi Nationalmulls investing up to EGP 1 bn in Future City infrastructure project: Infrastructure contractor Kharafi National could…
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
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