North Africa MENA Edition
Latest News
Algeria buys milling wheat in tender, volume unclear -trade
First assessments put the price at about $223 to $224 a tonne
Algeria to cap wheat imports in bid to save foreign currency
The government has also set the actual needs of the domestic market for soft wheat at 4 million tonnes
Lift Slab set due & distribution date of stock split
The issued capital will be distributed over 45,262,560 shares
Egypt’s economy seen growing 5.8% in FY2020/21: Economist
Egypt's GDP has recorded remarkable growth levels
Al Khair National to sell shares in Gulf Cable
Al Khair National holds a 36.725% stake in Gulf Cable
Egypt's EGPC valuates assets offered by Public Enterprise Sector Ministry for debt settlement
EGPC has a binding agreement with the Ministry of Public Enterprise Sector to settle the debts of its subsidiaries, in return for obtaining unutilised assets, mostly land: source
Egypt EHA targets better hotel services, increasing national income of tourism
Seven hotels are expected to join before the end of 2019, bringing the total number of participating hotels to 86: official
EGX oks listing capital increase of Ceramica Remas
The company will increase its capital by distributing 0.15 free stock for every existing one held
Mohandes Insurance’s Q1 2019/2020 indicators show 43.5% year-on-year profit decline
The insurance activity surplus increased
Fawry’s profit soars 48% in 9 months
Fawry for Banking Technology and Electronic Payments showed a 48% year-on-year profit hike during the first nine months of 2019.
Insights
Despite Tunisia's vote for change, enduring miseries drive youth exodus
Saied is careful to make no promises about the future
An Islamist dilemma after rise of populists in Tunisia
Ennahda took moderate stance after 2011 revolution
DNE survey shows confidence, optimism of companies about Egypt’s energy sector
About 64% of the respondents, equivalent to 32 companies, said they plan to expand in the next year, while 22% said they do not intend to expand, and 14% were not sure whether there will be any expansion: survey