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Egypt hedged against rising oil prices this year, Maait confirms
Egypt hedged against rising oil prices this year, Maait confirms: Egypt took out hedging contracts to guard against rising oil…
Raya approves selling 31% stake in its transport arm
M&A WATCH- Raya approves sale of 31% stake in its transport arm: Raya Holding board of directors has agreed to…
TE on the offense about using its pre-emption rights
M&A WATCH- TE really wants everyone to know it has a right of first refusal in Vodafone-STC acquisition: Telecom Egypt…
Egypt’s unemployment rate rises marginally in 4Q2019 to 8%, q-o-q
Unemployment in Egypt fell to 8% in 4Q2019, down 0.9% y-o-y from 4Q2018, according toCapmas figures. Unemployment increased marginally on…
Egypt awards Aton Resources gold mining rights
Aton Resources gets Egypt’s first new gold exploration license in 15 years: Egypt has approved an application from Vancouver-based Aton…
Egypt confirms its first coronavirus case
Egypt reported its first case of a covid-19 infection on Friday as the the Health Ministryconfirmed that it had placed…
Enterprise Poll: Analysts divided over which way the CBE will go with interest rates
SURVEY- Analysts are split down the middle on whether the Central Bank of Egypt will resume its easing cycle when…
Credit Agricole Egypt sees moderate profit growth in 2019
EARNINGS WATCH- Credit Agricole Egypt made a net profit of EGP 2.4 bn in 2019, up 7.3% from the previous…
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