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Boutros Ghali says no need for another IMF loan, but experienced gov’t needed
YBG says another IMF facility is unnecessary: Egypt does not need another IMF loan, but the government needs to appoint…
Why is FDI declining in Egypt and should we be worried?
EXCLUSIVE- Why is inbound foreign direct investment to Egypt declining — and should we be worried? Official figures releasedearlier this…
Government finishes draft car manufacturing customs tax incentives program
EXCLUSIVE- It looks like the government’s strategy for the automotive sector could soon see the light of day: The finance…
Government plans to offer up to 30% of Banque Du Caire in IPO this year
Expect up to 30% of Banque du Caire to be offered via IPO this year: The government is planning to…
Ahly Capital taps former Amwal AlKhaleej top Egypt exec as its new CEO
MOVES- Karim Saada, former Amwal AlKhaleej executive vice president and Egypt country head, has joined Ahly Capital as CEO, sources…
Trade Minister appoints Amr Taha as CEO of its Industrial Modernization Center
MOVES- Trade Minister Amr Nassar has appointed Amr Taha as CEO of the Industrial Modernization Center (IMC), according to an…
Abu Kir Fertilizers nine-month profits jump 33%
EARNINGS WATCH- Abu Kir Fertilizers reported a 33% y-o-y rise in its 9MFY2018-19 profits to EGP 2.6 bn, up from…
Halan reaches 10 mn rides and deliveries, plans expansion into other MENA markets
STARTUP WATCH- Egyptian tuk-tuk and motorbike ride-hailing app Halan has reached the 10 mn ride and delivery milestone, the company…
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