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Orascom Investment reports net profit of EGP 865.6 mn in 2018
EARNINGS WATCH- Orascom Investment Holding reported a net profit of EGP 865.6 mn in 2018, up from EGP 453.1 mn…
Arab countries are looking at water crisis, FAO says
Arab countries are looking at a water supply emergency that they need to urgently address, Jose Graziano da Silva, director-general…
PM Madbouly issues new rules for industrial land allocations
Madbouly issues new rules for industrial land allocations: Prime Minister Moustafa Madbouly has outlined new guidelines for allocating state-owned industrial…
Gov’t to issue new legislation replacing 2017 NGO law
LEGISLATION WATCH- Gov’t looking to scrap controversial 2017 NGO Act? The government plans to replace the controversial 2017 NGO law…
OIH’s board agrees to fair value for Nile Sugar acquisition
M&A WATCH- OIH board agrees to fair value for Nile Sugar acquisition: Orascom Investment Holding’s board of directors has given…
Egyptian Media Group acquires DMC owner D Media
M&A WATCH- Egyptian Media Group has acquired satellite television network D Media, which owns DMC Channels, Al Shorouk reports. EMG…
Egypt’s planned consolidation in FY2019-20 is credit positive, says Moody’s
Egypt’s fiscal consolidation in upcoming budget is credit positive, says Moody’s: Egypt’s plans for continued fiscal consolidation in FY2019-20 is…
Egypt closes EUR 2 bn eurobond issuance in final int’l debt auction for FY2018-19
Egypt closes EUR 2 bn eurobond issuance in final international debt auction for FY2018-19: Egypt sold EUR 2 bn worth…
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