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Swvl to move headquarters from Egypt to Dubai by November 2019
STARTUP WATCH- Swvl is moving its headquarters out of Egypt: Mass transport app Swvl will move its headquarters from Egypt…
Money supply increases in July
Money supply growth accelerates in July: M2 money supply grew by 12.1% y-o-y in July, compared to a y-o-y 11.85%…
T-bill yields fall in first post-rate cut auction
T-bill yields fall in first post-rate cut auction: Average yields on 6-month and 1-year government T-bills fell to 16.521% and…
Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud
DISPUTE WATCH- Gov’t signs dispute settlement agreement with Al Kholoud on El Nasr for Steam Boilers: The government has signed…
Majid Al Futtaim plans expansion in Egypt
INVESTMENT WATCH- Majid Al Futtaim plans expansions in Egypt: UAE-based real estate developer and retail giant Majid Al Futtaim (MAF)…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…
Moody’s maintains Egypt’s outlook at B2 stable
Moody’s confirms Egypt’s credit rating at B2, outlook stable: Credit rating agency Moody’s has maintained its Egypt rating at B2…
Wave two of Egypt’s state privatization program kicked to early 2020
EXCLUSIVE- Wave two of state privatization program kicked to early 2020: The second wave of the state privatization program, which…
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