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Spanish Naturgy will be pulling out of the Damietta LNG plant
Spain’s Naturgy is pulling out of its Egypt operations, allowing liquefaction operations at Damietta LNG plant to begin again: Italy’s…
E-Finance IPO postponed to 4Q2020
E-Finance IPO postponed to 4Q2020: The government has postponed the IPO of e-payments firm E-Finance to the final quarter of…
EFG Hermes, JPMorgan, Citi, Goldman compete to advise on Arab Refining IPO
IPO WATCH- EFG Hermes, JPMorgan, Citi, Goldman compete to advise on Arab Refining Co. IPO: Bulge bracket fixtures JPMorgan, Citigroup…
WHO raises global risk assessment for covid-19 to ‘very high’ from ‘high’
CORONA WATCH- WHO raises global risk assessment for covid-19 to ‘very high’ from ‘high’: The elevated risk level is meant…
Global equities markets have worst week since 2008 on covid-19 fears
Global equities markets have worst week since 2008 on covid-19 fears: Global equity markets were a sea of red on…
Four new covid-19 cases linked to Egypt
CORONA WATCH- Four new covid-19 cases linked to Egypt: Four people who had recently travelled to Egypt were diagnosed with…
Egypt holds funeral for former President Mubarak
Former president Hosni Mubarak was laid to rest yesterday after a military funeral with full honors attended by President Abdel…
Karim Soos appointed as National Bank of Egypt’s retail CEO
MOVES- Karim Soos (LinkedIn) has been appointed as the National Bank of Egypt’s retail CEO, succeeding Alaa Farouk, Masrawy reports.…
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