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Germany’s DEA and Wintershall complete merger, big plans to Egypt oil and gas
M&A WATCH- Germany’s DEA and Wintershall become DEA Wintershall with big plans for Egypt oil and gas assets: Germany-based oil…
Bank Audi to acquire NBG’s Egypt arm
M&A WATCH- Bank Audi to acquire NBG’s Egypt arm: Bank Audi will acquire National Bank of Greece’s Egypt arm, including…
Turkey announces natgas drilling off Cyprus, Egypt, EU caution drillers
Egypt has warned Turkey against drilling in Cypriot waters after a dispatch from Ankara on the international maritime telex system…
New World Bank president visits Egypt
New World Bank boss is in Egypt; met El Sisi yesterday and heading to Benban today: World Bank President David…
EBRD appoints Khalid Hamza as deputy director of its Egypt office
MOVES- The European Bank for Reconstruction and Development (EBRD) has appointed veteran banker Khalid Hamza (LinkedIn) as deputy director of…
Earnings watch: CI Capital, Juhayna report 1Q19 results
EARNINGS WATCH- CI Capital Holding reported a 41% y-o-y increase in net profit after tax to EGP 115.5 mn in…
Money supply growth slows in March
Money supply growth slows again: The pace of M2 money supply growth continued to slow in March, falling slightly to…
Government sets USD 110 bn cap on foreign debt
EXCLUSIVE- The finance and planning ministries have agreed to set a USD 110 bn cap on foreign debt, a figure…
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