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Are Russian flights returning to the Red Sea this coming winter?
Are Russian flights returning to the Red Sea this coming winter? A delegation of Russian tour companies reportedly expect flights…
SPEED ROUND
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ERC, Obour Land report 1H2018 results
EARNINGS WATCH- Egyptian Resorts Company (ERC) posted a net loss of EGP 9.3 mn in 1H2018, down from a net…
Polyserve eyeing IPO, Ferchem acquisition
IPO WATCH- Polyserve considers plans for an IPO : Fertilizers producer Polyserve Group is considering an initial public offering on…
China’s Sinoma wants to build a USD 100 mn steel factory in Egypt
INVESTMENT WATCH- China’s Sinoma International Engineering is looking to invest USD 100 mn in a new steel factory in Egypt,…
Real estate taxes gripping the nation these past few weeks
Real estate taxes gripping the nation these past few weeks: The Finance Ministry’s attempts to reform and amend the real…
Eastern Co to be first share sale in priv. program to be managed by private sector
Eastern Company to be the first share sale in privatization program to be managed by private sector banks: It looks…
Inflation cools in July to 13.5% after surge in June
Inflation cools in July to 13.5% after surge in June: Annual headline inflation cooled to 13.5% in July, down from…
Ramez Farag leaves Mars
MOVES- Our good friend Ramez Farag is becoming L’Oreal’s corporate affairs director for the Middle East and Africa, based in…
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