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Egypt’s FRA grants short selling licenses to EFG, CIB, AAIB
EFG, CI and AAIS take out short-selling licenses: The brokerage arms of EFG Hermes, CI Capital and the Arab Arfrican…
GSK inaugurates new EGP 20 mn line in its Giza, Egypt factory
INVESTMENT WATCH- GSK inaugurates new EGP 20 mn line: GlaxoSmithKline (GSK) Consumer Healthcare inaugurated a EGP 20 mn production line…
What we’re tracking on 18 June 2019
Former president Mohamed Morsi died yesterday, collapsing in court after speaking for some five minutes during his latest trial. He…
Novavera Sport to open factory producing FIFA-certified footballs in July
Novavera Sport will open its first football factory in the region, producing its first batch of FIFA-certified footballs before the…
Egypt FDI falls in 2018 amid global investment drop-off
Foreign direct investment into Egypt fell 8.2% in 2018 amid global investment drop-off: Egypt retained its position as the largest…
Eksab receives six-figure seed investment from 500 Startups
STARTUP WATCH- Eksab receives six-figure seed investment from 500 Startups: Egyptian sports startup Eksab has raised a six-figure seed investment…
Enara to build USD 600 mn-worth solar plants in Egypt
INVESTMENT WATCH- Enara is planning to build solar plants at a cost of as much as USD 600 mn in…
What we’re tracking on 17 June 2019.
We’re particularly happy to kick off this morning’s Speed Round with a run of investment and M&A news. Domestic and…
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