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Fund managers “have turned negative” on Egyptian equities amid EM Zombie Apocalypse
Fund managers “have turned negative” on Egyptian equities amid the Emerging Markets Zombie Apocalypse, a monthly poll of leading fund…
Qalaa Holdings records net profit of EGP 486.9 mn in 2Q2018
EARNINGS WATCH- Qalaa Holdings recorded a net profit of EGP 486.9 mn in 2Q2018, compared to a net loss of…
House, Tourism Ministry are drafting a Unified Tourism Act
LEGISLATION WATCH- House, Tourism Ministry are drafting a Unified Tourism Act: The House of Representatives’ Tourism and Civil Aviation Committee…
Government vets offers from three global consortiums for development of USD 1.4 bn Abu Tartour phosphate fertilizers project
INVESTMENT WATCH- Government vets offers from three global consortiums for development of USD 1.4 bn Abu Tartour phosphate fertilizers project:…
Alshaya Group to bring Avenues Mall to Egypt as part of expansion drive
INVESTMENT WATCH- Alshaya Group to bring Avenues Mall to Egypt as part of expansion drive: Kuwait’s Alshaya Group is looking…
Seven reported bidders for Alex Containers stake sale
Seven bidders for Alex Containers stake sale: Seven investment banks and consortiums submitted last week their bids to quarterback the…
M2 Money Supply grows 17.02% in August
Egypt’s M2 Money Supply grew 17.02% y-o-y in August to EGP 3.51 tn, according to central bank data cited by…
EMG, Israeli Electric are withdrawing arbitration cases against Egypt
EMG, IEC have begun withdrawing arbitration cases against Egypt: East Mediterranean Gas (EMG) and Israel Electric Corporation have officially begun…
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