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Single-shareholder companies go live today
Own your very own company today: Investment Minister Sahar Nasr signed off on the regulatory framework for issuing licenses for…
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CBE sells EUR 610 mn in EUR-denominated treasury bill auction
The central bank sold EUR 610 mn-worth of EUR-denominated treasury bills at an auction yesterday, according to a statement picked…
Earnings Watch: SODIC, EFG Hermes, Cleopatra, B Investments, Domty, Raya, GTH, Oriental Weavers
EARNINGS WATCH- SODIC reported 10% y-o-y growth in its bottom line to EGP 375 mn in 1H2018 with a strong…
Hotel occupancy rates in Hurghada, Sharm, Alexandria to rise from July-September -Colliers
Hotel occupancy on the rise: Hotel occupancy rates in Sharm El Sheikh, Hurghada, and Alexandria are expected to rise from…
We’re on track to begin natgas exports in January, says El Molla
We’re on track to begin natgas exports in January: Egypt is set to begin exporting natural gas as of January…
Saudi’s Elaj in advanced talks to acquire majority stake in TechnoScan labs
M&A WATCH- Saudi’s Elaj in advanced talks to acquire majority stake in TechnoScan: Saudi Arabia’s Elaj Group is reportedly in…
Al Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022
INVESTMENT WATCH- Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022: Mansour Group’s Al…
Unemployment rate drops to 9.9% in 2Q2018, down from 10.6% in 1Q2018
Unemployment dropped to 9.9% in 2Q2018, down from 10.6% in the first quarter of the year, CAPMAS announced in its…
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