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Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
Enterprise is hiring
** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which…
Correction on monthly inflation figure
CORRECTION- Monthly inflation came in at “-0.8%” in November — which means prices declined 0.8% throughout the month. Please excuse…
More color on Egypt bond issuance program expected in January
The Madbouly government will release details on its 1Q2019 international bond issuances sometime in January, according to remarks attributed to…
Egypt’s Elsewedy, Afreximbank ink USD 500 mn loan agreement
Elsewedy, Afreximbank ink USD 500 mn loan agreement: Elsewedy Electric signed a USD 500 mn loan agreement with the African…
Egyptian startup Wasla lands USD 180,000 in its pre-seed investment round
INVESTMENT WATCH- Startup Wasla lands USD 180k in its pre-seed investment round: Android browser Wasla landed USD 180,000 in a…
Amaar aims to join forces with Saudi investors to set up EGP 1 bn malls
INVESTMENT WATCH- Amaar to set up EGP 1 bn shopping centers with Saudi investors: Egyptian real estate developer Amaar Group…
Fitch Solutions sees Egypt’s fiscal debt narrowing to 6.4% of GDP by FY2019-20
More optimism on Egypt’s debt as Fitch sees Egypt’s fiscal debt narrowing to 6.4% of GDP by FY2019-20: Fitch Group’s…
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