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Up to 80% of Suez Canal CDs to be reinvested in September: Sources
Up to 80% of Suez Canal CDs to be reinvested in September -sources: A large majority of Suez Canal certificate…
Amer Group reports EGP 297 mn net income in 2Q2019
EARNINGS WATCH- ِAmer Group reported net income of EGP 297 mn in 2Q2019, down 16% y-o-y from EGP 354 mn…
ElSewedy Electric, Scatec Solar begin commercial operations at new Benban solar plants
Elsewedy, Scatec Solar begin commercial operations at new Benban solar plants: ElSewedy Electric has reached full commercial operation at two…
Prime Holding finishes due diligence on Pharos units
M&A WATCH- Prime Holding completes due diligence on Pharos brokerage, investment banking arms: Prime Holding has completed the due diligence…
Egypt to issue callable bonds amid expectations of interest rate cuts
EXCLUSIVE- FinMin looking to issue callable bonds amid expectations of interest rate cuts: The Finance Ministry has begun amending its…
Egyptian youth handball team beat Germany to win U19 world title
Champions of the world:Egypt’s handball team were crowned champions of the 2019 Men’s Youth Handball World Championship after beating Germany…
GTH board approves Veon’s offer to acquire USD 2.3 bn assets
GTH board approves Veon’s offer to acquire USD 2.3 bn assets: Global Telecom Holding’s (GTH) board of directors has approved…
Egypt’s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development
Egypt’s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among…
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