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Egypt bookings contributes to Thomas Cook’s 5% growth
Bookings to Egypt and long-haul destinations have increased Thomas Cook’s revenues by 5% to GBP 3.2 bn in the six-month…
SPEED ROUND
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Supreme Media Council bans use of anonymous sources
From the department of laws that will never be followed — Supreme Media Council bans use of anonymous sources: The…
New Foreign Campuses Act widens Higher Education Minsitry’s oversight
LEGISLATION WATCH- New Foreign Campuses Act widens Higher Education Ministry's oversight: The draft of a new act, which sets the…
Community dialogue over rent control law coming soon
LEGISLATION WATCH- “Community dialogue” on rent control coming soon: The House Housing Committee will start holding within days a series…
Trade deficit narrows by 11% y-o-y in 9M2017-18 - Planning Minister at Cabinet meeting
CABINET WATCH- Egypt’s trade deficit narrowed by 11% y-o-y to EGP 26.8 bn in 9M2017-18, from EGP 30 bn in…
OC’s US subsidiary wins contract for Arizona airport Sky Train
OC’s US arm wins contract for Arizona airport Sky Train: Orascom Construction announced on Thursday that its US subsidiary, the…
SODIC’s 1Q2018 sales growth driven by launch of “cornerstone of future recurring income portfolio”
EARNINGS WATCH- SODIC reported a net profit after tax and minority interest of EGP 212 mn in 1Q2018, with a…
Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int’l lenders
State-owned Banque Misr has reportedly tapped Citigroup to arrange a USD 500 mn syndicated loan, sources close to the matter…
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