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CBE to terminate forex repatriation mechanism on 4 December
The central bank is going to scrap its special foreign exchange repatriation mechanism next week: The central bank will terminate…
Correction
CORRECTION- We fudged the numbers from CAPMAS’ report on road accidents in Egypt in yesterday’s issue. The total number of…
Will Israel’s pipeline dream ever come true?
Is Israel’s pipeline dream realistic? Israel’s ambitions to build a USD 7-8 bn pipeline to supply natural gas to Europe…
El Sisi holds talks with MbS on Egypt-Saudi investment and joint projects
President Abdel Fattah El Sisi held talks yesterday with Saudi Crown Prince Mohammed bin Salman, who landed in Cairo on…
Egypt court fines former CAF head Hayatou and secretary Amrani EGP 1 bn
Court slaps former Confederation of African Football officials with EGP 1 bn fine for antitrust violations: A Cairo Economic Court…
Egypt’s Orascom Construction releases 3Q2018 results
EARNINGS WATCH- Construction giant Orascom Construction announced overnight (pdf) like-for-like net income of USD 69.1 mn in 3Q2018 (up more…
Japanese companies want clarity on gov’t policy toward automotive assembly industry before committing to new investments
Japanese companies want clarity on gov’t policy toward automotive assembly industry before committing to new investments: Japanese automotive companies are…
Medhat Khalil appeals conditions for Raya MTO
M&A WATCH- Medhat Khalil appeals terms of FRA-mandated takeover bid for Raya: Raya Holding for Financial Investments founder Medhat Khalil…
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