SPEED ROUND Archives

Egypt’s banks told not to take legal action against struggling factories

Banks will be required to call off any legal action they’re taking against factories that are unable to pay off…

M&A WATCH- Could Telecom Egypt sell its stake in Vodafone Egypt? Telecom Egypt (TE) is more likely to offload its…

The Sovereign Fund of Egypt could be looking sell the National Investment Bank’s stake in e-payments platform e-Finance, according to…

For all of the complaining, 2019 was a pretty good year in which to do business in Egypt, you told…

MOVES- Sami Zaghloul (Linkedin) has been appointed chairman of the board at Orascom Development Egypt, succeeding Manal Hussein Abdel Razek,…

EARNINGS WATCH- Real estate company Heliopolis Housing and Development (HHD) posted net profits of EGP 351.3 mn in 2H2019, up…

Supply Ministry further studies shift to cash subsidies: The Supply Ministry will hold public consultations to gauge opinion on the…

Commissioners urge court to rule in favor of steel raw material tariffs: A report by the State Commissioners Authority yesterday…

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