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Bank Audi shelves exit plans indefinitely
M&A WATCH- Bank Audi will not be leaving Egypt anytime soon: Lebanon’s Bank Audi has postponed indefinitely its plans to…
CIB to push ahead with expansion plans -Hisham Ezz El Arab
With ample liquidity, Egypt’s leading private-sector bank looks to push ahead with expansion plans: CIB is committed to pushing ahead…
Energean wants Edison to revalue its portfolio post-covid, slowing down its acquisition of Egypt + other assets
M&A WATCH- Energean wants Edison to revalue its portfolio post-covid, slowing down its acquisition of assets in Egypt and beyond:…
Egypt’s economic recovery post-covid will likely be U-shaped, El Said says
Egypt’s economic recovery post-covid is most likely to be U-shaped, rather than V- or W-shaped, Planning and Economic Development Minister…
Egypt’s international flight ban extended indefinitely
International flight ban extended indefinitely: Egypt is keeping its ban on international flights in place “until further notice,” Prime Minister…
TPay’s Sahar Salama on how to scale up fast
TPay’s Sahar Salama on how to scale up fast: Once upon a time, one page of transactions was plenty of…
Earnings watch: CI Capital reports EGP 102 mn net profit in 1Q
EARNINGS WATCH- CI Capital reported net profits of EGP 102 mn in 1Q2020, down from EGP 123 mn in the…
State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors
State-owned Heliopolis for Housing and Development (HHD) reporteldy has a new board of directors after the previous board resigned after…
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