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Xerox Egypt appoints Ehab Guindi as MD
MOVES- Xerox Egypt appointed Ehab Guindi (LinkedIn) as its new managing director, according to Al Mal. Guindi, who succeeds Mohamed…
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World Bank first “human capital index” slams Egypt’s education system; country ranks 104 out of 157
** #7 World Bank’s new “human capital index” sees Egypt’s productivity levels dropping; country ranks 104 out of 157: Egypt…
Pharos Fund I climbs 11 spots on EIMA’s weekly rankings
Pharos Fund I climbs 11 spots on EIMA’s weekly rankings: Our friends at Pharos Holding announced yesterday that their open-ended…
Network International banks integrate with Egypt’s national debit card system
Egypt’s state-owned debit card system takes a step forward: Banks partnering with African payments service provider Network International “are now…
Moody’s upgrades outlook on Egypt’s banking system to ‘positive’ from ‘stable’
Moody’s upgrades its outlook on the Egyptian banking system to ‘positive’ from ‘stable.’ Structural reforms in Egypt have created an…
Council of State completes review of Capital Markets Act regs
LEGISLATION WATCH- Council of State review paves way for changes to rules on margin trading, futures exchanges, more: The Council…
Four global investment firms looking to finance Egypt, Cyprus’ USD 1 bn gas pipeline
** #6 Four global investment firms are looking to finance Egypt and Cyprus’ USD 1 bn underwater gas pipeline, commercial…
SIDPEC says it wants to buy a petchem company, offers no other details.
** #5 M&A WATCH- SIDPEC looking to acquire local petrochemicals company: Sidi Kerir Petrochemicals’ (SIDPEC) is looking into potentially acquiring…
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