SPEED ROUND Archives

Raya Auto to invest EGP 200 mn in EV production

INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya…

IPO WATCH- Ebtikar taps EFG to quarterback EGX debut: Ebtikar — MM Group's non-banking financial services subsidiary — has hired…

La Mancha, Centamin, Barrick Gold among bidders in Egypt’s gold mining tender: Canadian mining firm Barrick Gold, Naguib Sawiris’ La…

NBE, Banque Misr scrap high-interest CDs: State-owned National Bank of Egypt (NBE) and Banque Misr have stopped offering 15% fixed-rate…

Steel demand plummets on covid-19, gov’t construction ban: The government’s decision to place a six-month ban on construction permits is…

Red Sea a ray of light for Egypt’s battered tourism sector: A pick up in the number of tourists visiting…

Does the new Customs Act contravene int’l trade + shipping agreements? Maersk seems to think so. The shipping line’s Egypt…

STARTUP WATCH- Saudi Arabia-based retail management platform Foodics has set up shop in Egypt as part of the company’s regional…

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