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Mobile subscriptions in Egypt continue to fall, reaching 93.48 mn in January
The number of mobile subscribers in Egypt fell again in January to 93.48 mn users, down 7.8% from 101.32 mn…
Is Emaar Misr’s EGP 878 mn donation to the state related to its ongoing dispute with El Nasr Housing?
Watch this space: Emaar Misr has donated EGP 878 mn to national megaprojects, a form of corporate largesse that Public…
Futtaim announces expansion to Cairo Festival City
Al Futtaim is expanding Cairo Festival City mall, adding 120 retail stores and restaurants stretching over 22k sqm, it said…
Abraaj founder and managing partner arrested on fraud charges
Abraaj founder Aref Naqvi and managing partner Mustafa Abdel-Wadood have been arrested on fraud charges at the request of US…
Trump nominates UN rep Jonathan Cohen for next US ambassador to Egypt
MOVES- Trump names veteran diplomat Jonathan Cohen as next ambassador to Egypt: US President Donald Trump has nominated acting US…
Proposed tweak of constitutional amendments could see El Sisi in office until 2038
LEGISLATION WATCH- All constitution, all the time: Constitutional changes designed to lengthen presidential terms and bring back the upper house…
Egyptian Resorts Company, QNB Al Ahli report results
EARNINGS WATCH- Egyptian Resorts Company (ERC) posted a net loss of EGP 75.2 mn in 2018, down from a net…
El Sisi meets with Lagarde, Ivanka Trump in DC
President Abdel Fattah El Sisi met yesterday with IMF Director Christine Lagarde to discuss Egypt’s economic reform program, according to…
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