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Sawari Ventures to invest c.USD 70 mn in North Africa within four years
INVESTMENT WATCH- Sawari Ventures to deploy c.USD 70 mn across North Africa over four years: Egyptian venture capital firm Sawari…
Moody’s upgrades credit ratings of five Egyptian banks
Moody’s upgrades credit ratings of five local banks, with stable outlook: Moody’s has upgraded our friends at CIB along with…
Egypt votes in favor of amending the constitution
We have a new constitution: Some 88.83% of participating voters cast ballots in favor of amending the constitution, chairman of…
Arafa Holding records consol net profit of USD 3 mn
EARNINGS WATCH- Arafa Holding recorded a consolidated net profit of USD 3 mn from February 2018 until the end of…
IDA places moratorium on land tenders for coming months, competition authority is going monopoly hunting aming importers
Industry wants to watch out for the next few months: The Industrial Development Authority (IDA) will not issue further land…
Egypt’s cabinet to set up working group on attracting FDI
Madbouly instructs cabinet to set up a working group to attract investment: Prime Minister Moustafa Madbouly ordered the creation of…
OIH looks to extend deadline to acquire Egypt’s Nile Sugar to update valuation report
Orascom Investment Holding wants more time in which to close its acquisition of Nile Sugar as it seeks time to…
Egypt’s nuclear authority compiles list of local companies to take part in Dabaa project
NPPA compiles list of local companies qualified to bid for work on Dabaa plant project: The Nuclear Power Plants Authority…
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