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In a world where investors are bucking African stocks for African debt, Egypt shines at both
In a world where investors are bucking African stocks for African debt, Egypt shines at both: With Egypt’s GDP growing…
Egyptian developer Misr Italia to complete procedures to list 25% on EGX in six months
IPO WATCH- Misr Italia to complete procedures to list 25% on EGX in six months: Property developer Misr Italia is…
Gov’t unveils new EGP 6 bn per year export subsidy framework
Gov’t unveils new EGP 6 bn per year export subsidy framework: The government unveiled the details of the long-awaited new…
British Airways, Lufthansa abruptly suspend flights to Egypt’s capital
British Airways, Lufthansa abruptly suspend flights to Cairo, citing “security concerns”: British Airways decided yesterday to suspend for seven days…
CIRA reports 51% y-o-y growth in net profits in the first nine months of its fiscal year
EARNINGS WATCH- Cairo for Real Estate and Investment (CIRA) reported a 51% y-o-y increase in net profit to EGP 249.8…
Cabinet approves draft legislation on dispute resolution
CABINET WATCH- Cabinet approves draft legislation on dispute resolution: The Madbouly government agreed in its weekly meeting yesterday to a…
Foreign holdings of sovereign Egyptian debt at USD 19.2 bn mid-June
Madbouly presents final FY2018-2019 figures: Egypt’s economy grew 5.7% in the final quarter of the fiscal year 2018-2019, Prime Minister…
SODIC signs agreement with CIB to raise loan size to EGP 500 mn
SODIC gets top-up on CIB loan: Real estate developer SODIC has signed an agreement with CIB to raise the limit…
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