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Deeper structural reforms are needed for increased investment: BNP
Egypt needs to deepen structural reforms if it wants to spur private-sector investment and job creation, BNP Paribas said in…
Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt
Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt: Egypt’s projected GDP growth…
Spanish home delivery startup Glovo said to exit Egypt
STARTUP WATCH- Glovo exiting Egypt, Chile following EUR 150 mn funding round: Spanish on-demand delivery startup Glovo has “indefinitely” suspended…
Egyptian MD Abdel Wadood granted bail in Abraaj case
Former Abraaj exec Abdel Wadood granted bail in New York: Former Abraaj managing partner Mustafa Abdel-Wadood has been released on…
Accor Hotels looking to open more than 30 hotels in Egypt over the next two years
INVESTMENT WATCH- Accor Hotels is planning to open more than 30 hotels in Egypt over the next two years as…
Orascom Construction adds USD 475 mn to backlog in 1Q2019
Orascom, Arab Contractors sign USD 739 water treatment contract: A joint venture of Orascom Construction and Arab Contractors signed yesterday…
Tawfik: HHD to IPO in 4Q2019 or seek help from strategic investors
IPO WATCH- Stake in Heliopolis Housing could be sold to a strategic investor: The Public Enterprises Ministry is working with…
CIB eyes expansion into Kenya
CIB eyes expansion into Kenya: CIB intends to enter the Kenyan market when it finds the right opportunity as part…
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