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Eastern Company appoints Mostafa El Mahdi as CFO
MOVES- Eastern Company has appointed Mostafa Ahmed El Mahdi as CFO, according to a bourse disclosure (pdf). El Mahdi was…
Earnings watch: Rameda Pharma, Obour Land
EARNINGS WATCH- Rameda pre-tax profits fall 12% in 2019: Rameda Pharma made pre-tax profits of EGP 225 mn in FY2019,…
Egypt ranks 106 out of 180 countries in 2019 Corruption Perception Index
Egypt has been ranked #106 out of 180 countries in Transparency International’s 2019Corruption Perception Index (pdf), dropping one spot from…
Egyptian businesses are lagging behind the rest of the world when it comes to gender diversity in the boardroom
Egyptian businesses are lagging behind the rest of the world when it comes to gender diversity in the boardroom, according…
Tourism Ministry aims for USD 15 bn tourism revenues in 2020
Egypt targets USD 15 bn in tourism revenues this year: The Tourism and Antiquities Ministry is looking to bring in…
22 rolling mills to halt production on steel import tariffs
Row over steel import tariffs flares up again: Twenty-two steel rolling mills will suspend production in protest at the government’s…
House approves Tax Dispute, Consumer Credit bills in principle
LEGISLATION WATCH- House approves Tax Dispute Act in principle: The House of Representatives yesterday approved in principle the government’s temporary…
Has Halan raised USD 15 mn in its series B funding round?
STARTUP WATCH- Ride-hailing app Halan has raised USD 15 mn in its series B funding round, according to estimations made…
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