Sika completes 99% acquisition of Bitumode with Pharos as sell-side financial advisor
Deal confirms the confidence of foreign investors in the feasibility of investing…
FRA launches database mobile app of qualified female professionals for leadership roles
Senior business executives at major institutions to decide registration requests for database…
Egypt’s automotive sales decline 46.7% in April
Car sales nationwide have been negatively impacted by curfew and the halt…
Oriental Weavers reports 12.85% sales decline in 1Q 2020 due to COVID-19
We anticipate further decline in sales during 2Q 2020, plans projected to…
FRA amends corporate governance rules for non-banking financial activities, listed companies
Amendments to registration rules to allow non-company members to be included on…
Egypt’s new IMF loan agreement stimulates stock market
The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI…
Raya Foods anticipates 20% growth in upcoming 5 years
Company targets 20,000 tonnes in exports by year-end, doubling to 40,000 by…
Juhayna intends to add ‘high-margin’ product segments in medium-term
Company to discontinue unprofitable production line, does not see need to impose…
Abu Qir Fertilizers suffers fall-out due to COVID-19-related restrictions
Pandemic negatively affects market demand, domestic prices levels, leading to decrease in…
HCHD new board develops medium, long-term development strategy
Securitisation within scenarios company is considering to obtain financing, says El Damaty