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Kamal Negm sees renewed appointment to head the Customs Authority
MOVES- Kamal Negm is staying on as the head of the Customs Authority until his legal retirement age or a…
Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
Turki Al Shikh, Estadat Holding among bidders for share of Egypt’s Makkasa Sport
M&A WATCH- Turki Al Shikh, state-owned Estadat and an unnamed Gulf buyer are competing for MCDR’s stake in Makkasa Sport:…
Orascom Financial Holding eyeing United Bank of Egypt?
M&A WATCH- Is Orascom Financial eyeing the United Bank of Egypt? Orascom Financial Holding (OFH) could look at acquiring a…
Could we be fast approaching our maiden green bond issuance?
Egypt will soon go to market with its first maiden sovereign green bond, Finance Minister Mohamed Maait said yesterday, saying…
Egyptian Refinery Company’s Mostorod petrochem refinery inaugurated
Egyptian Refinery Company’s Mostorod petrochem refinery is inaugurated: Qalaa Holdings subsidiary Egyptian Refining Company’s (ERC) USD 4.3 bn facility in…
Eastern Company profits down 21% in 4Q2019-2020
EARNINGS WATCH- Eastern Company reported net profits of EGP 663 mn in 4Q2019-2020, down 21% from EGP 837 mn last…
National Bank of Egypt, Banque Misr chairmen reappointed for three-year terms
MOVES- National Bank of Egypt and Banque Misr bosses get three more years in office: A statement (pdf) says that…
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