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EFG Hermes signs EGP 750 mn sale and leaseback agreement with Misr Italia
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Misr Italia Properties…
Amazon wants to resurrect the department store after killing it
ATTENTION RETAILERS- Amazon is coming for your brick and mortar business too: After killing the department store, Amazon wants to…
Bye bye Souq, hello Amazon.eg
Amazon will be launching Amazon.eg later this year, ultimately replacing Souq as its Egypt selling platform, the company announced in…
OIH, Dice report 1Q2021 earnings
EARNINGS WATCH- Orascom Investment Holding (OIH) reported net losses of EGP 31 mn in 1Q2021, compared to a net income…
MaxAB closes landmark funding in fresh round led by Ahmed Badreldin’s RMBV
MaxAB has raised USD 40 mn in a series A round led by impact investor RMBV, bringing the amount invested…
Auto industry reboot
Passenger car sales almost doubled in May, increasing 88% y-o-y from the same month last year, according to figures from…
What will our real estate market look like by 2025?
Is our real estate market in line for a full post-covid recovery? Savills seems to think so: Egypt’s five largest…
Meet our analyst of the week: Arqaam Capital’s Nour Eldin Sherif
OUR ANALYST OF THE WEEK- Nour Eldin Sherif, associate director at Arqaam Capital (Linkedin). My name is Nour Eldin Sherif…
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