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Did state megaprojects cushion the unemployment blow from by covid-19?
Did state megaprojects cushion the unemployment blow by covid-19? While unemployment has accelerated since the onset of the covid-19 pandemic,…
Germany weighs in on Turkey’s EastMed shenanigans today
Germany weighs in on Turkey’s EastMed shenanigans today: Germany’s Foreign Minister Heiko Maas will discuss the eastern Mediterranean Sea dispute…
Egypt to reduce oil imports to 18.4 mn tonnes in current fiscal year -sources
A positive spin on covid: Egypt’s petroleum imports will fall 17.1% this fiscal year: Egypt will reduce its imports of…
EGX sets up “D List” for securities facing delisting over non-compliance
EGX releases “D-list” of companies that could be kicked out: The EGX has introduced a naughty list of companies who…
Egypt’s MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations
M&A WATCH- MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations: Madinet Nasr for…
Palm Hills Development to issue EGP 1.5 bn of securitized bonds this year
Palm Hills Development to issue EGP 1.5 bn worth of securitized bonds this year: Palm Hills Developments (PHD) is planning…
MagicCube secures undisclosed second investment from Visa
Mobile security startup MagicCube has secured an undisclosed second investment from Visa, Business Insider reports. “Visa’s continued support of MagicCube…
Egypt: EFG tapped as financial advisor in 2021 IPO of MM Group subsidiary
IPO WATCH- MM Group’s e-payments subsidiary looks to start work on IPO in 1Q2021: An e-payments company recently established by…
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