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Speed Medical will acquire City Labs in the coming months
M&A WATCH- Speed Medical (SPMD) is set to acquire 100% of City Labs in the coming months once SPMD completes…
Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months
EXCLUSIVE- Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months: Egypt’s…
Egypt’s inflation decelerated in May to 4.7%, below expectations
We caught a break: Inflation cools to six-month low: Annual urban inflation in May slowed to its lowest level since…
Making It interviews Forbes recognized businesswoman leading a tech multinational
Our next guest on Making It leads one of the biggest tech multinationals in Egypt and has twice been recognized…
Earnings watch: Ibnsina Pharma, Emaar Misr
EARNINGS WATCH- Ibnsina Pharma has reported a 19.8% increase in 1Q2020 net profits to EGP 50.3 mn, from EGP 42…
FRA launches app to facilitate recruiting women to senior roles
The Financial Regulatory Authority has launched an app, ‘Empowering Women,’ to help companies recruit qualified women to leadership and decision-making…
Egypt’s parliament approves int’l grants to develop investment, transport, sanitation
House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives’ general assembly approved yesterday…
Egypt, Sudan, Ethiopia agree to hold daily GERD talks in search of an agreement
Egypt, Sudan and Ethiopia agreed yesterday to hold more talks on the Grand Ethiopian Renaissance Dam (GERD) over the next…
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