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Enterprise poll: Central Bank of Egypt to leave rates on hold in September 2020
ENTERPRISE POLL- CBE expected to leave rates on hold when it meets this Thursday: The Central Bank of Egypt (CBE)…
Arafa Holding sinks into the red in 1H2020
EARNINGS WATCH- Arafa Holding reported USD 10.7 mn in losses during 1H2020 down from net profits of USD 7.8 mn…
Girgis Abdel Shahid recognized in Who’s Who Legal’s 2021 Arbitration Future Leaders
KUDOS- Who’s Who Legal has recognized our friend Girgis Abdel Shahid — managing partner of Shahid Law Firm — in…
Public Enterprises Ministry offers transport, agriculture projects to private investors
Gov’t wants to partner with private sector on transport, agriculture projects: A private sector investor will be handed the reins…
IMEX acquisition of Nile Cotton on track to wrap up next week?
M&A WATCH- IMEX acquisition of Nile Cotton on track to wrap up next week? An ongoing mandatory tender offer from…
Election authority announces winners of Senate run-off elections
The National Election Authority (NEA) announced the winners of the remaining 26 seats in the newly-constituted upper chamber, after last…
Sawari Ventures makes follow-on investment in Egyptian AI startup Elves
STARTUP WATCH- Sawari Ventures has made a follow-on investment in high-profile AI startup Elves, bringing Elves’ total pre-series A funding…
Eni, BP make new gas discovery in Nile Delta
Eni, BP announce new gas discovery in EastMed: Eni and BP have made a new gas discovery in the offshore…
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