SPEED ROUND Archives

Cabinet signs off on Ride-hailing Apps Act, other key decisions at weekly

LEGISLATION WATCH- The Ismail Cabinet signed off on the Ride-hailing Apps Act and referred it the Council of State for…

E-payments firm Fawry has locked down USD 20 mn in funding from a “foreign investment fund,” said CEO Ashraf Sabry,…

INVESTMENT WATCH- Suez Canal Economic Zone (SCZone) Chairman Mohab Mamish is still saying that Mercedes-Benz had approved establishing a regional…

M&A WATCH- Saudi Arabia’s Elaj Group has acquired Alexandria International Hospital and Ibn Sina Specialized Hospital, Al Mal reports citing…

IPO WATCH- Ibnsina Pharma has priced its initial public offering on the Egyptian Exchange at EGP 5.21-5.95 per share, according…

Egypt’s economy grew 5.2% in the first quarter of FY2017-18 from 3.4% in the same period last year, Planning Minister…

Zimbabwe’s strongman, Robert Mugabe, resigned from office yesterday, “a week after the army and his former political allies moved to…

Egypt, Greece, and Cyprus signed an MoU on joint cooperation on tourism during a trilateral summit in Nicosia yesterday, according…

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