Month: November 2019

Russia confirms its readiness to boost Egypt’s national army: Russian Defense Minister

”The Egyptian President and Armed Forces are the guarantors of the independent…

Taha Sakr

E-finance IPO to be completed by January 2020: chairperson

25% expected growth in company’s profits in 2019, says Sarhan

Daily News Egypt

MNHD achieves EGP 4.6bn sales in 10M 2019

Company targets 20%increase in sales 2020, says general manager

Shaimaa Al-Aees

Despite protests, Catalans oppose independence from Spain: Spanish ambassador in Egypt 

“The majority of Catalonia residents support the central government of Spain,” he…

Taha Sakr

Egypt’s coastal markets continue to improve: Colliers

Supply in major Egyptian markets has grown at annual average of 3%,…

Shaimaa Al-Aees

Marakez develops Mall of Arabia with EGP 395m loan from Emirates NBD Egypt

The facility will be used to finance Mall of Arabia’s new development…

Daily News Egypt

Egypt targets 6.2% budget deficit, 6.4% GDP growth in FY 2020/21

State also targets debt-to-GDP ratio of 80% in next FY, says MOF

Nehal Samir

MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone

Egypt will witness the deletion of AMOC EY and SKPC EY

Doaa Elboraie

CBE to cut rates by 50-100bps at upcoming MPC meeting: Beltone

Beltone foresees inflation averaging 4.8% in 4Q19

Doaa Elboraie

Turkey begins to deport captured IS militants home

US national was deported, while plans to deport a German, Irish, French…

Fatma Lotfi