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Value of UK private equity exits falls by more than 50% in H1

Tuesday 26/06/2018 11:29

Agencies: The value of private equity-backed sales in the UK fell from £13.6bn in the second half (H2) of 2017 to just £6bn in the H1 201...
Local debts increase $20bn in 2017

Tuesday 26/06/2018 10:14

MEMO: Egypt’s local debts increased 11.8 per cent in 2017 to 3.414 trillion Egyptian pounds ($191.7 billion), the Central Bank announced yester...
Traders are advised to buy Global Telecom stock: Al-Naeem

Monday 25/06/2018 20:19

Asmaa El-Sayed Stock of Global Telecom Holding is recommended to move up to EGP5pts as a first target then to EGP5.55 as a second target, according t...
Government requested to form committee monitoring loans and grants

Monday 25/06/2018 19:53

By Yasmeen Fawaz House of Representatives' Economic Affairs Committee chaired by Dr. Amr Ghallab urged the the Egyptian government to form a committe...
ACGC to explore packaging and manufacturing agricultural products

Monday 25/06/2018 19:19

By Sherif Omar The Arab Cotton Ginning Co. eyes  a project for packaging and manufacturing agricultural crops over a 30 acres plot of land owned ...
Egypt to invite bidders to develop 3 river ports within days: minister

Monday 25/06/2018 18:16

By Medhat Ismail Ministry of Transports is poised to invite investors to develop 3 river ports in the Upper Egypt cities of Qena, Assiut and Suhag wit...
Five banks to extend EGP2.3bn bridge loan to El-Canal Sugar Co.

Monday 25/06/2018 16:38

By Mohmed Salem A banking consortium made up of five locally-based banks  clinched a final agreement this week to arrange a bridge loan worth EG...
Ahmed Bahgat’s Benshmark to participate in ammonia factory project

Monday 25/06/2018 14:42

By Mostafa Talaat: Benshmark Power International, owned by businessman Ahmed Bahgat, has put forward a proposal to the government to take part in a b...
JPMorgan to sell minority stake in Saudi Investment Bank for $203m

Monday 25/06/2018 14:02

Agencies: JPMorgan International Finance, a subsidiary of JPMorgan Chase, is set to divest a minority stake in Saudi Investment Bank in a deal worth ...
China's auto sales jump to 11.5mn units in 5 months

Monday 25/06/2018 14:06

By Sherif Issa  China's market sales of motor vehicles rose 4.2 percent in the first five months of this year, recording 11.5 million units, acc...