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Egypt’s passenger car sales to shrink by over 8% this year -BMI Research
Passenger car sales are forecast to shrink by over 8% this year after having been expected to grow by 9.2%…
Naguib Sawiris expects to close talks with Egypt’s gov’t on Shalateen stake purchase within weeks
M&A WATCH- Naguib expects to close talks on Shalateen stake purchase within weeks: Naguib Sawiris is still in talks with…
Egypt corporate earnings to “hold up relatively well” compared to MENA peers in 1Q2020 -EFG
Corporate earnings in Egypt are expected to “hold up relatively well” in comparison to their MENA peers in 1Q2020, EFG…
House gives initial nod to covid-19 salary tax, aims to have it in effect this month
LEGISLATION WATCH- House gives initial nod to covid-19 salary tax, aims to have it in effect this month: The House…
Qalaa Holdings reports 1Q2020 results
EARNINGS WATCH- Qalaa Holdings’ revenues soared 191% y-o-y in 1Q2020 to EGP 10.4 bn, the company said in its quarterly…
Amr El Kady resigns as TMG managing director, executive VP
MOVES- Amr El Kady (Linkedin) has stepped down as managing director and executive vice president of Talaat Moustafa Group after…
Cabinet adds Central Bank of Egypt governor to dispute resolution committees
The governor of the Central Bank of Egypt if now a permanent member of two cabinet committees responsible for resolving…
House Planning Committee approves EGP 80 bn overdraft for Egypt’s FY2019-2020 budget
BUDGET WATCH- The House Planning and Budgeting Committee on Wednesday signed off on a EGP 80 bn overdraft for the…
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