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Two policemen killed in Alexandria bomb attack aimed at security director
Two policemen were killed and five more were injured in a bomb attack in Alexandria targeting the governorate’s security director,…
Earnings Watch: Attijariwafa Bank reports record earnings in FY2017
EARNINGS WATCH- Attijariwafa Bank reported a 68% y-o-y jump in net profit to EGP 1.1 bn in FY2017, marking a…
IDA signs agreement with Saudi’s CPC to develop EGP 900 mn Sadat City industrial zone
INVESTMENT WATCH- IDA signs agreement with Saudi’s CPC to develop EGP 900 mn Sadat City industrial zone: The Industrial Development…
Supreme Media Council bans WE ad for harming Egypt-Africa relations
The Supreme Media Council thinks Egypt’s relations with the rest of Africa are too tense to withstand a (bad) joke:…
M&A WATCH- Incolease denies it is in play after SAIB, Banque Misr said to be seeking exits
M&A WATCH- Incolease denies it is in play. The International Company For Leasing (Incolease) has denied a report that it…
Government drafting legislation for organic farming
LEGISLATION WATCH- Government drafting legislation on organic farming: The Agriculture Ministry has started working on legislation to regulate organic farming…
Egypt sees 36% y-o-y surge in tourists arrivals in February
Egypt welcomed 730k tourists in February 2018, marking a 36% y-o-y increase compared to the same period last year, according…
Competition authority report vindicates cement producers, says price hikes were justified; consumer protection boss still demanding crackdown
Competition authority vindicates cement producers in initial findings from market review: The Egyptian Competition Authority (ECA) has cleared cement producers…
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