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Sawiris clarifies his statements on not investing in Saudi Arabia
Naguib ❤️ Saudi Arabia, after all: Celebrity businessman Naguib Sawiris told Arabiya TV yesterday that his decision to not invest…
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Egypt’s Eastern Co stake sale could proceed at low end of target range
IPO WATCH- Eastern Co stake sale could proceed at low end of target range: The government is considering going ahead…
US institution makes offer for United Bank
M&A WATCH- US institution reportedly makes offer for United Bank: A US institution has made an offer to acquire the…
Petroceltic to seek international arbitration against EGPC
Petroceltic to seek international arbitration against EGPC: UK energy company Petroceltic is filing for international arbitration to recover back-due payments…
Damietta liquefaction plant to export c.550 mn cfd of natural gas by April
Damietta LNG plant to reopen in April after six-year hiatus: TheDamietta liquefaction plant will reopen in April and export around…
El Sisi in Munich for security forum, Egypt plans African reconstruction center
President Abdel Fattah El Sisi attended over the weekend the three-day Munich Security Conference, according to an Ittihadiya statement. Some…
FinMin completes draft law on Egypt’s new tax procedures, electronic filing system
LEGISLATION WATCH- FinMin completes draft law on new tax procedures, electronic tax filing: The Finance Ministry has finished drafting proposed…
EARNINGS WATCH- CI Capital net profits rise 5.1% in 4Q2018 y-o-y
EARNINGS WATCH- CI Capital’sconsolidated net profit after tax and minority interest rose 5.1% y-o-y in 4Q2018 to EGP 122.8 mn,…
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