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PE giant Actis to make new renewables acquisition this year
PE giant Actis to make new renewables acquisition this year, likes fintech, healthcare: Leading emerging-market private equity firm Actis expects…
Fitch affirms Egypt’s long-term FX issuer rating at B+; outlook stable
Fitch Ratings affirmed yesterday Egypt’s long-term foreign-currency issuer default rating at ‘B+’ with a ‘stable’ outlook. The ratings agency said…
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
Rising remittances curb current account deficit in 3Q2019-2020
Rising remittances curb current account deficit in 3Q2019-2020: A rise in foreign remittances helped Egypt’s current account shrug off the…
Earnings watch: Vodafone Group reports 15% growth in Egypt revenue
EARNINGS WATCH- Vodafone Group reported a 15.3% y-o-y growth in service revenues from Egypt, according to its earnings statement (pdf).…
Complaints against civil servants can now be submitted online
BRIEFLY NOTED- Complaints against civil servants can now be submitted online, head of theAdministrative Prosecution Authority Essam El Minshawi said.…
Market regulator looks to provide “life table” for Egyptian insurance companies to better price domestic plans
Market regulator looks to provide “life table” for Egyptian insurance companies to better price domestic plans: The Financial Regulatory Authority…
Drowzy raises six-figure USD investment
STARTUP WATCH- Drowzy raises six-figure USD investment: Furniture and homeware startup Drowzy has secured an undisclosed six-figure USD investment from…
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