Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Egypt to implement new minimum wage for civil servants in November
New minimum wage for civil servants coming next month: A decision to raise civil servants’ minimum wage to EGP 2,000…
Egyptian children’s ride hailing app Hive raises USD 400,000 investment
STARTUP WATCH- Hive, a Cairo-based ride-hailing app for children, has secured a USD 400k investment from Abdelmoneim Al Adawy, one…
EFIA to push gov’t to float natural gas price for all industry sectors
EFIA lobbies for new natgas pricing mechanism: The Egyptian Federation of Investors Associations (EFIA) will ask the Finance Ministry to…
Egypt’s USD bonds fall amid anticipation of new issuance
Investors shy away from Egypt’s USD-denominated bonds in anticipation of new issuance: Egypt’s 30-year USD-denominated bonds dropped USD 0.009 to…
Egypt’s HHD receives eight requests for 10% stake purchase, management role
Emaar, SODIC, BPE, ODE interested in HHD management: State-owned Heliopolis Housing and Development’s (HHD) offer of a 10% stake in…
Prime Holding appoints Naglaa Auf VP of strategic planning and management
MOVES- Prime Holding has appointed Naglaa Auf as the company’s VP of strategic planning and management. Auf has more than…
Egyptian e-payments platform Fawry reports 1H2019 earnings
EARNINGS WATCH- Fawry reports 7% y-o-y fall in 1H2019 profits: E-payments platform Fawry reported a 7% y-o-y decline in net…
Ethiopia accuses Egypt of having “colonial era” control of Nile
Ethiopia ratchets up rhetoric in GERD row: The extent of the diplomatic impasse over the Grand Ethiopian Renaissance Dam (GERD)…
Something went wrong. Please refresh the page and/or try again.