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Egypt’s House drafting more constitutional amendments to economic indicators
LEGISLATION WATCH- Could MPs’ newfound interest in constitutional change see less funding for health, education? The House Planning and Budgeting…
The long-awaited fifth tranche of Egypt’s IMF loan is on its way, finally
Egypt will get the fifth tranche of its USD 12 bn IMF facility any day now: The International Monetary Fund’s…
Earnings Watch: Abu Qir Fertilizers, Credit Agricole
EARNINGS WATCH- Abu Qir Fertilizers’ net profits rose 32.4% y-o-y in 1H2018-19, which ended in December, to EGP 1.7 bn,…
Egypt is leading the region’s decline in liquefied natural gas demand
Egypt’s emergence as a regional gas hub is driving a decline in regional demand for liquefied natural gas, writes Verity…
Egypt and Germany agree to boost trade and economic cooperation
Egypt signs cooperation agreement with Germany: German Economy and Energy Minister Peter Altmaier signed yesterday with Trade Minister Amr Nassar…
Plans to hike pension fund investments in the EGX delayed
State pension funds won’t hike their exposure to the EGX … yet: The Social Solidarity Ministry’s Pension Funds Investment Committee,…
Beltone appeal against repeated trade freezes in 2016 rejected
Beltone’s appeal of 2016 trading reversals faces setback: The Board of State Commissioners has recommended to the Administrative Court that…
Uber services resume but no word on the reason for disruption
Have Uber’s issues vanished as abruptly as they appeared? Uber services appear to be operating normally again after more than…
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