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Amr El Kholy joins finance ministry, El Sharkawy tapped to lead Misr Iran Development Bank
MOVES- Finance Minister Amr El Garhy appointed Amr El Kholy as Vice Minister for Customs and Public Revenues, Al Mal…
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South African insurer Sanlam looking for African acquisitions, Egypt entry
South African insurer Sanlam looking for Egypt entry, African acquisitions: South African insurer Sanlam is “scouring Africa for more acquisitions…
Passenger car sales drop 2.3% y-o-y in January, reaching their lowest level since May 2017
Passenger car sales declined 2.3% y-o-y in January to 6,800 vehicles from 9,700 in the same month last year, according…
Egypt drops case against Ahmed Ezz due to expired statute of limitations
Prosecutors drop case against Ahmed Ezz as statute of limitations kicks in: The Cairo Criminal Court dropped the case against…
Egypt aims to build on strong recovery in the tourism sector from 2017
Egypt aims to build on the strong recovery of its tourism sector in 2017 with a better marketing strategy, Tourism…
Transportation Ministry is kicking off railway privatization
Transportation Ministry to kick off privatization of railway system: The Transportation Ministry is reportedly about to begin privatizing Egypt’s railways…
Finance Ministry updates projection for budget deficit this year to 9.6-9.8% of GDP
The government is expecting the budget deficit for the current fiscal year to reach 9.5-9.7% of GDP, down from 10.9%…
Carbon Holdings planning what could be the largest IPO in Egypt since 2011
EXCLUSIVE: IPO WATCH- Carbon Holdings has reportedly tapped a top investment banking house to serve as advisor and global coordinator…
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