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The Benban solar power complex won Thomson Reuters’ Project Finance International Award for “Global Multilateral [transaction] of the Year” yesterday.…
On restoring flights with Russia, Egyptian officials say one thing, while the Russians say another: Carriers EgyptAir and Aeroflot have…
An Elsewedy Electric consortium with Siemens was awarded a USD 300 mn EPC contract by the Dubai Electricity and Water…
M&A WATCH- Beltone Financial is planning new acquisitions to diversify the products it offers in frontier and emerging markets. “Beltone…
Fuel subsidy costs are up 34% y-o-y in 1H2017-18, Oil Minister Tarek El Molla told Reuters. The cost has gone…
Economic growth in Egypt is expected to accelerate to 5.5% in FY 2018-19, Bloomberg Economics’ Chief Middle East Economist Ziad…
Brokerages cheer EGX drive to interest banks in financing margin trading: Brokerages and industry associations are welcoming recent steps by…
LEGISLATION WATCH- Is privatization of the EGX in the cards after the House Economics Committee okays regs allowing private stock…
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