• Wednesday, 11 September 2019

    UAE’s Tabreed looking to enter Egyptian market

    The UAE’s National Central Cooling Company (Tabreed) is looking to enter the Egyptian market, CEO Bader Al Lamki said yesterday without providing further details, according to Mubasher. Speaking on the sidelines of the World Energy Congress in Abu Dhabi, Al...
  • Monday, 9 September 2019

    Emaar Misr nears resolution on El Nasr dispute

    DISPUTE WATCH- Egypt and UAE’s Emaar sign preliminary settlement agreement on El Nasr dispute: Property developer Emaar Misr has signed a preliminary agreement with the Egyptian government on a proposed settlement to resolve a dispute with state-owned El Nasr Housing...
  • Monday, 9 September 2019

    Egyptian e-payments platform Fawry plans Gulf expansion

    Fawry has big post-IPO plans in the Gulf: Egyptian e-payments platform Fawry plans to expand into the UAE by the end of 2019, and Saudi Arabia and Kuwait in 2020, Managing Director Mohamed Okasha told Reuters. The company is working...
  • Monday, 2 September 2019

    What we’re tracking on 2 September 2019

    The Big 5 Construct begins today. The three-day construction conference opens today at the Egypt International Exhibition Center, and features over 240 exhibitors showcasing the latest in construction technology and innovation. The Shared Services and Outsourcing Forum opens tomorrow: Global...
  • Thursday, 29 August 2019

    Egypt sees the light of the day alongside UAE, Saudi Arabia is not as lucky

    MENA fund managers are still bullish on Egypt, UAE: Six out of 10 MENA fund managers polled by Reuters said they plan on increasing their exposure to Egypt, and five said the same about the UAE. Both countries’ markets have...
  • Tuesday, 6 August 2019

    Cairo terrorist attack dominates talk shows

    Sunday’s deadly terrorist attack in Cairo, which claimed the life of at least 20 people and injured almost 50 others, dominated talk shows last night. We have chapter and verse in this morning’s Speed Round, below. A donation campaign launched...
  • Wednesday, 31 July 2019

    Dana Gas confirms it hired financial advisors to look at Egypt exit

    Dana Gas confirms hiring financial advisors for the potential sale of Egypt assets: Dana Gas confirmed reports earlier this week that it has hired financial advisors to study the possibility of selling down its Egypt asset portfolio in a bourse...
  • Monday, 29 July 2019

    Is UAE’s Dana Gas looking to exit Egypt?

    Is Dana Gas planning to exit Egypt? Abu Dhabi-listed energy producer Dana Gas is looking to offload its Egyptian assets and has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale, two unnamed sources...
  • Wednesday, 24 July 2019

    Egypt, US, UAE hold joint military exercises in Red Sea

    The Egyptian, US and UAE naval and air forces began a joint military exercise dubbed Eagle Response 2019 in the Red Sea on Monday, the Armed Forces said in a statement.

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