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UAE’s ENOC to launch Egypt-based facility to produce lubricating oil
INVESTMENT WATCH- UAE oil company ENOC has signed a JV agreement with Proserv Egypt to set up ENOC Misr, its…
ICMI looking to expand amid EGX listing plans
M&A WATCH- Healthcare outfit ICMI to increase stake in two companies as it eyes EGX listing: The International Company For…
AIND agrees to UE Finance buyout
M&A WATCH- AIND agrees to buyout UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND) has agreed to…
Algebra on board to make further investments in GoodsMart
INVESTMENT WATCH- Household shopping service GoodsMart has secured additional funding from Algebra Ventures: Our friends at Algebra Ventures have made…
Arqaam, Exotix see further interest rate cuts in 2019, but keep your eye on the FX rate
Arqaam, Exotix see further interest rate cuts in 2019: Analysts are not making the rounds unpacking the central bank’s surprise…
Final contracts for Egypt’s Hamrawein coal project to be signed mid-2019
Final contracts for Hamrawein ‘clean coal’ project to be signed mid-2019: The Chinese company constructing the 6 GW Hamrawein ‘clean…
Vodafone to pay Telecom Egypt EGP 5.5 bn dividends
Vodafone Egypt will pay Telecom Egypt dividends worth some EGP 5.5 bn in two installments, Telecom Egypt said in a…
Egypt, Uber sign agreement to pay VAT retroactively
Uber has agreed to charge and remit VAT in Egypt: Ride-hailing app Uber signed on Sunday an agreement with the…
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