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Foreign investors will soon be able to apply for five-year renewable residence permits
INVESTMENT WATCH- Foreign investors will soon be able to apply for five-year renewable residence permits under amended regulations from the…
Egypt on track to be only country in EBRD’s footprint to grow this year
Egypt on track to be only country in EBRD’s footprint to grow this year, investor sees economy expanding at a…
500 Falcons managing partners exit firm to start new fund
MOVES- 500 Falcons managing partners Sharif El Badawi and Hasan Haider will leave the firm to start a new fund…
Qalaa losses deepen in 2Q2020 despite strong ERC revenues
EARNINGS WATCH- Qalaa Holdings reported a net loss of EGP 712.1 mn in 2Q2020 compared to EGP 224.5 mn in…
EFG Hermes tops EGX brokerage league table in September
EFG Hermes topped the EGX’s brokerage league table in September with a market share of 19.5%, according to EGX figures…
Egyptian stock trading app Thndr completes EGX registration
STARTUP WATCH- Stock trading app Thndr has completed its registration with the EGX, the company announced on its website. The…
Tourism support, flight incentives programs extended until the end of the year
CABINET WATCH- Tourism support, flight incentives programs extended until the end of the year: The debt, utilities and real estate…
Mondi acquires Amreyah Cement plant in consolidation drive
M&A WATCH- Packaging group Mondi has acquired Amreyah Cement’s industrial bag plant, the local press reported, quoting unnamed sources close…
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