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Egypt’s talking heads sing the praises of El Sisi’s public sector wage increases
President Abdel Fattah El Sisi’s decision to raise wages for civil servants dominated the airwaves last night. Hona Al Asema…
ITDA contracts Egyptian, foreign investors to develop EGP 30 bn logistics centers
The Internal Trade Development Authority (ITDA) has awarded contracts to Egyptian and foreign investors to develop six logistics and commercial…
Egypt commercial project developer Marakez to open Mall of Tanta in 3Q2019
Wait, there’s life outside Cairo? Marakez’s Mall of Tanta is set to open its doors in 3Q2019, according to a…
Adeptio challenges Egypt’s FRA’s rejection of Americana MTO decision appeal
M&A WATCH- Alabbar’s Adeptio challenges FRA rejection of its appeal against Americana MTO decision: Adeptio AD Investments, the lead shareholder…
Cabinet approves development loans, grant worth combined EUR 278.9 mn
CABINET WATCH- Cabinet approves development loans, grant worth combined EUR 278.9 mn: The Madbouly Cabinet approved yesterday a second, EUR…
Earnings watch: Emaar, MM Group, GTH, Oriental Weavers
EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to…
Online fashion store Namshi coming to Egypt
Online fashion store Namshi is coming to town: Dubai’s Emaar Malls’ recently acquired e-commerce fashion platform Namshi is eyeing expanding…
Eastern renews contracts with BAT, Mansour to jointly produce cigarettes in Egypt
Eastern renews joint production contracts with BAT, Mansour: State-owned Eastern Company inked two five-year renewals of its joint production agreements…
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