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OC-Engie-Toyota consortium’s 262.5 MW Ras Ghareb wind farm ready for commercial operation
OC-Engie-Toyota consortium’s 262.5 MW Ras Ghareb wind farm ready for commercial operation ahead of schedule: A consortium comprised of Orascom…
Castle Development to list shares on EGX by 2021
IPO WATCH- Real estate developer Castle Development plans EGX listing in 2021: ABC Construction Company subsidiary Castle Development is planning…
ADNOC Distribution eyeing entry into Egyptian market?
INVESTMENT WATCH- ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a…
Will the Russians resume flights to Egyptian resorts?
Are the Ruskies going to follow the UK’s lead and finally resume flights to Sharm? A delegation of Russian officials…
FinMin revises Egypt’s public debt target for FY2020-2021 again
FinMin sets more ambitious public debt reduction target, but more conservative GDP growth estimate, for FY2020-2021: The Finance Ministry is…
Egyptian bonds are the best performing in 2019, despite interest rate cuts, says Emirates NBD
Egypt’s bonds outperformed this year, despite consecutive rate cuts -Emirates NBD: Egypt’s local currency bonds have been the best performing…
Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP…
Egypt’s Swvl plans to invest USD 25 mn in Pakistan to fund pre-seed startups
STARTUP WATCH- Swvl plans to invest USD 25 mn in Pakistan to fund pre-seed startups, Pakistani outlet Samaa reports. The…
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