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Healthcare systems provider Sysmex sets up shop in Egypt
INVESTMENT WATCH- Japanese laboratory equipment giant Sysmex has set up shop in Egypt, according to a press release. Sysmex, a…
Qalaa to invest EGP 30 bn over three years, says Heikal
INVESTMENT WATCH- Qalaa to invest EGP 30 bn over three years: Qalaa Holdings is planning to invest EGP 30 bn…
Orascom Investment looks to invest EGP 10 bn in four major sectors over 2 years
INVESTMENT WATCH- Naguib Sawiris’ Orascom Investment Holding aims to invest EGP 10 bn in four sectors within two years,Group CEO…
Beltone goes on offensive against IB division’s suspension, says it is bad news for ECM and M&A activity market-wide
Beltone goes on offensive against IB division’s suspension, says it is bad news for ECM and M&A activity market-wide: The…
Egypt scraps discounted customs exchange rate on “luxury” imports
Egypt has scrapped a discounted customs exchange rate of EGP 16 for non-essential imports including tobacco and cosmetics. The move…
End of special FX repatriation mechanism is boon for Egypt banking sector
End of CBE’s special repatriation mechanism is a boon for banks, says industry: The CBE’s decision to terminate its parallel…
Correction
CORRECTION- The perils of sleepless nights: We don’t know where our brains were when we suggested yesterday that OPEC potentially…
Chinese company to invest USD 300 mn in steel factory in Egypt’s Ain Sokhna
INVESTMENT WATCH- An unnamed Chinese company is looking to invest upwards of USD 300 mn next year in a new…
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