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Lufthansa appoints Silke Wobken as Cairo-based sales director, covering 12 countries
MOVES- Lufthansa Group has appointed Silke Wobken as its senior director for sales based in Cairo, covering North Africa, the…
Egypt’s trade deficit shrinks 7.8% y-o-y in 1Q2019 -Reuters
Trade deficit shrinks 7.8% y-o-y in 1Q2019 -Reuters: Egypt’s trade deficit has shrunk by 7.8% y-o-y in 1Q2019 to USD…
FEI approves of Mineral Resources Act amendments
FEI says it likes proposed amendments to the Mineral Resources Act — with one caveat: The mines and quarries division…
Draft law granting Egypt’s FRA autonomy revealed
LEGISLATION WATCH- Leaked draft law would grant autonomy to the FRA: The full draft of a proposed law to grant…
Egypt’s GB Lease completes EGP 767 mn securitized bond issuance
GB Lease has completed a EGP 767 mn securitized bond issuance to improve its short-term liquidity position, according to a…
NBE extends bidding process period for Emisal Salts to end of month
M&A WATCH- Bidders have until the end of this month to submit tender offers for Emisal: The National Bank of…
FRA issues first short selling license to Arqaam
Arqaam gets Egypt’s first short selling license from FRA: Arqaam Securities Brokerage has officially become the first brokerage firm allowed…
Government approves handing Heliopolis Housing management to an investor
M&A WATCH- Gov’t to offer 11% stake in Heliopolis Housing — with management rights: The Public Enterprises Ministry and the…
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