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Veon MTO for Global Telecom closes
M&A WATCH- Veon MTO for Global Telecom closes: Global Telecom Holding’s (GTH) sale of 1.99 bn shares in a mandatory…
Suez Canal Zone lowers investment forecasts
INVESTMENT WATCH- SCZone revises investment forecasts downwards: Suez Canal Economic Zone (SCZone) boss Mohab Mamish has revised downwards investment forecasts,…
Earnings watch: Ibnsina Pharma
EARNINGS WATCH- Ibnsina Pharma’s 2Q2019 profits surge 26% y-o-y: Ibnsina Pharma reported a 26% y-o-y increase in consolidated net profits…
America Egypt minority shareholders call for EGP 24 share price in disputed MTO
DISPUTE WATCH- Americana Egypt minority shareholders call for EGP 24 share price in disputed MTO: Minority shareholders of Americana Egypt…
Egypt’s reform have been a boon to some investors but painful to most others, says Bloomberg
Egypt’s economic reforms have been a boon to some investors but painful to most others, says Bloomberg: Last week’s Capmas…
Egypt is facing high baseline water stress, new information says
Egypt among top 50 most water-stressed countries, according to WRI: Egypt is among the countries most at risk of water…
Earnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019
EARNINGS WATCH- Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019, down from a net profit of EGP…
El Sisi issues amendments to Labor Unions Act
LEGISLATION WATCH- El Sisi issues amendments to the Labor Unions Act, which regulates the formation and activities of workers’ unions,…
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