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Egyptian beauty services startup Glamera raises USD 250k in seed funding
STARTUP WATCH- Glamera raises USD 250k in seed round: Egyptian beauty services startup Glamera has raised USD 250k in a…
EFG lands role in Saudi Aramco IPO
Is EFG getting a slice of the Aramco pie? EFG Hermes has reportedly landed a gig as joint bookrunner in…
Gov’t looking to impose development tax on cars
EXCLUSIVE- Gov’t mulls industry-wide development tax for the automotive industry: The government is considering imposing a development tax on all…
EGX30 extends rally after central bank loosens policy
EGX30 extends rally after CBE loosens monetary policy: The benchmark EGX30 index climbed 3.3% at session close yesterday in response…
Earnings watch: Qalaa Holdings revenues rise 8% y-o-y in 2Q2019
EARNINGS WATCH- Qalaa Holdings’ revenues rose 8% y-o-y in 2Q2019 to EGP 3.5 bn “driven by solid top line performance…
Egyptian Antiquity smugglers would now spend more time in prison if caught
CABINET WATCH- Antiquity smugglers would now spend more time in prison, pay up to EGP 10 mn if caught: The…
Egypt’s pharmacists syndicate probes into law breach by pharmacy chain 19011
DISPUTE WATCH- Pharma syndicate probes suspected legal violation by pharmacy chain 19011: The Pharmacists’ Syndicate is investigating pharmacy chain 19011…
Protesters gather for more small-scale demonstrations on Friday
Huge security op delivers a quiet Friday nationwide: Small numbers of protesters attempted to gather in a handful of cities…
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