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IMF lowers MENA growth forecasts in 2020 due to persisting uncertainty
The IMF slashed its 2020 GDP forecast for the MENA region, penciling in a 5.7% contraction for the year in…
Yehia Shahine joins ALC Alieldean Weshahi & Partners; Karim Radwan, Sherif Salem tapped as CIOs at Chimera Capital
MOVES- Our friends at ALC Alieldean Weshahi & Partners have welcomed arbitration specialist Yehia Shahine (LinkedIn) to the firm, according…
Earnings Watch: QNB Al Ahli’s net profits fell 9% in 1H2020
EARNINGS WATCH- QNB Al Ahli’s net profits fell 9% y-o-y in 1H2020 to EGP 3.8 bn, according to an earnings…
Property value will likely hold ground as the economy slows -Samih Sawiris
Samih Sawiris sees property values holding their ground despite covid-19 market slowdown: Orascom Development Holding Chairman Samih Sawiris expects real…
FinMin exempts imported steel products from 10% development fee
FinMin exempts imported steel products from new development fees: Imported finished steel products will be exempted from newly-imposed development fee…
FRA approves Adeptio’s minority purchase offer of Americana Egypt
M&A WATCH- Adeptio’s offer to buy out minority shareholders of Americana Egypt gets nod from regulators: The Financial Regulatory Authority…
Privatization cometh for Food Industries Holding Co factories?
PRIVATIZATION WATCH- Privatization cometh for Food Industries Holding Co factories? The Supply Ministry is looking at potentially selling off some…
Al Mashat on the government’s response to the covid crisis, the future of tourism and GERD
Al Mashat on the government’s response to the covid crisis, the future of tourism and GERD: The government is working…
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