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Fawry considering IPO by next year, plans expansions
IPO WATCH- Fawry considering IPO by next year, plans expansions: E-payments platform Fawry is considering listing on the EGX sometime…
Egypt LNG exports hit five-year high
Egypt LNG exports hit five-year high: Liquefied natural gas (LNG) exports from Egypt’s Idku liquefaction plant increased 44% in February…
Natgas regulator begins issuing licenses, not for private sector imports though
Natgas regulator issues 18 licenses, none for private sector gas imports: The Natural Gas Regulatory Authority issued 18 natural gas…
Egyptian stock exchange outperforms regional peers in February
EGX outperforms regional peers in February: Egyptian stocks rose 4.8% in February, more than any of its MENA peers, Zawya…
Egypt’s non-oil business activity falls to 17-month low: PMI
Non-oil business activity falls to 17-month low, sentiment hits 10-month high: The Egypt purchasing managers’ index (PMI) contracted for the…
SODIC appoints new commercial and operations manager
MOVES- SODIC has appointed Nabil Amasha (LinkedIn) as Commercial and Operations Manager, Al Mal reported. Amasha previously served as manager…
Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits
EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y…
Suez Canal revenues rise for the month of January
Suez Canal revenues rose to USD 468.7 mn in January 2019, up from USD 451.9 mn in January of last…
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