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Budget deficit to come at 9.4% of GDP this fiscal year -Maait
The budget deficit for the current fiscal year 2017-18 is expected to come in at 9.4% of GDP, Vice Minister…
National Bank of Greece taps E&Y, Matouk Bassiouny, Freshfields as advisors on its Cairo branch sale
National Bank of Greece taps advisors for exit from Egypt: The National Bank of Greece has reportedly tapped Ernst &…
CI Capital’s IPO is happening, but may not be imminent, chairman signals
CI Capital’s IPO is happening, but may not be imminent, chairman signals: CI Capital’s IPO may not take place anytime…
EFG Hermes inaugurates rep office in Bangladesh
EFG Hermes is opening a representative in Dhaka, Bangladesh, to serve its global institutional clients. “Bangladesh is a key market…
El Nozha Int’l bucking acquisition offer from Cleopatra?
El Nozha Int’l bucking acquisition offer from Cleopatra? Cleopatra Hospitals’ bid to acquire El Nozha International Hospital is apparently hostile,…
Spain’s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement
M&A WATCH- The nation’s healthcare sector continues to be the most interesting center of gravity for M&A. The latest news…
Is the car market finally turning the corner?
Is the car market finally turning the corner? A low base effect certainly helped, but: Car sales grew 17.3% y-o-y…
School-bus-sized dinosaur fossil unearthed in Egypt’s Western Desert
Them Bones: School-bus-sized dinosaur fossil unearthed in Egypt’s Western Desert. Egyptian paleontologists from Mansoura University have unearthed in Egypt’s Dakhla…
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