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Egypt’s PMI continues drop despite last month’s optimism amid COVID-19 surge

Expectations of future output, at 65.0, were still solid but softer than the 77.2 recorded in March when the rollout of a COVID-19 vaccine program raised hopes of a rebound

GSK Egypt’s acquisition saga continues: possible acquisition by Amoun Pharma

After months of debate and back and forth, GlaxoSmithKline’s Egyptian and Tunisian assets could be swept up by Abu Dhabi’s sovereign wealth fund (ADQ)

Egypt one of leading programs in IFC regional development plans: IFC & MOIC

The IFC has provided financing worth $4 billion to Egypt during the past decade, stated Minister of International Cooperation Rania Al-Mashat

Egypt’s losses limited due to stimulus package: PlanningMinistry

The stimulus package supported the most affected sectors, including export, tourism and real estate, in addition to the government easing credit restrictions for companies, providing tax incentives and expanding cash transfer programs

Raya Holding sells off BariQ Technologies

According to statement to the Egyptian Exchange, Raya Holding has signed a contract with Intro Waste Management to sell 100 percent of its stake in BariQ