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Ayman Soliman tapped as chief executive of Egypt’s sovereign wealth fund
MOVES- Habemus SWF chief executive: The board of directors of Egypt’s EGP 200 bn sovereign wealth fund tapped Ayman Soliman…
El Sisi ratifies retail stores bill
LEGISLATION WATCH- El Sisi ratifies retail stores bill: President Abdel Fattah El Sisi ratified the retail stores bill on Thursday,…
GERD talks once again at a standstill following Khartoum meeting
GERD talks grind to a halt: Talks between Egypt, Ethiopia and Sudan over the filling of the Grand Ethiopian Renaissance…
Egypt’s construction sector set to see annual growth of 11.3% between 2019 and 2023
Construction in Egypt is set to expand by an average of 11.3% each year between 2019 and 2023, data and…
Ebtikar acquires additional 4.8% stake in Egyptian e-payments firm Masary
M&A WATCH- Ebtikar acquires additional 4.8% stake in Masary: Ebtikar for Financial Investment, a joint venture between BPE Partners and…
Galina-Agrofreeze starts process of launching two subsidiaries on EGX
IPO WATCH: Galina-Agrofreeze approaches Pharos, EFG to list two of its subsidiaries on the EGX: Galina-Agrofreeze Fruits & Vegetables has…
Egypt and UAE’s Emaar finally settle their Uptown Cairo beef
DISPUTE WATCH- Egypt and UAE’s Emaar have finally settled their beef over Uptown Cairo: Property developer Emaar Misr has signed…
Carrefour to invest EGP 500 mn in Egypt in 2020
INVESTMENT WATCH- Majid Al-Futtaim Group (MAF)’s Carrefour aims to invest around EGP 500 mn in Egypt next year opening three…
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