Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Raya CX CEO Ahmed Aboulezz resigns
Hisham Abdel Rassoul will serve as the interim CEO until a new head is appointed
DP World’s Sokhna logistics park is coming. PLUS: Another industrial zone in the making and more green financing
DP World has broken ground at its USD 80 mn DP World-Sokhna Logistic Park
Debt news from Tatweer Misr + Raya. Plus: Expat car-for-FX initiative registers 100k in first week, Tantawy on trial
The AAIB is extending an EGP 3.5 bn facility to Tatweer Misr
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
What the markets are doing on 20 August, 2023
EARNINGS WATCH- Raya Holding’s net income after minority interest rose 46% y-o-y to EGP 144 mn in 2Q 2023, according…
GB Corp, Raya CX, EKH Holding + TMG Holding report 1H earnings
We’re close to the end of 2Q earnings season
Aman Financial Services issues securitized bonds, GlobalCorp plans new issuance
New issuances are up more than 2x on last year in EGP terms
Something went wrong. Please refresh the page and/or try again.