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Gov’t to adopt measures to offset higher oil prices
CABINET WATCH- Gov’t looks to offset higher oil prices: The Ismail Cabinet gave the finance and oil ministries the green…
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Egyptian economy to grow 5.3% in 2018, World Bank says
The World Bank sees Egypt’s economy growing a brisk 5.3% during 2018, according to its Global Economic Prospects report (pdf).…
FDI is slumping around the world, but Egypt remains top destination in Africa
Foreign direct investment is slumping around the world: The latest figures from the United Nations. World Investment Report show global…
UK’s Savills acquires Cluttons, Egypt on the map for regional expansion plans
UK’s Savills acquires Cluttons, Egypt on the map for regional expansion plans: UK real estate advisory firm Savills announced yesterday…
Khaled Youssef appointed as new CEO of Peugeot Egypt
MOVES- The Mansour-Scope alliance appointed Khaled Youssef as the CEO of Peugeot Egypt, Daily News Egypt reports. Youssef, who will…
Government decides to import rice, suggesting further cuts in local cultivation are coming
Government decides to import rice, suggesting further cuts in local cultivation are coming: The government decided yesterday to import “the…
HDD seeking EGP 1 bn loan
EXCLUSIVE- Heliopolis Housing & Development in the market for a EGP 1 bn loan: Heliopolis Housing & Development (HDD), a…
Lebanon’s EuroMena taps Lazard to advise on exit from two Egyptian businesses
Lebanon’s EuroMena taps Lazard to advise on exit from two Egyptian businesses: Lebanon’s EuroMena Funds has tapped global advisory firm…
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