Foreign investments in treasury bills fell to USD23.548 billion at the end of August 2021, compared to USD23.710 billion at the end of July 2021

Egypt's trade deficit declined in July 2021 by 14.6%, to USD2.88 billion, Exports increased by 31.5% YoY, recording USD2.94 billion

e-finance has priced its IPO at EGP13.98/share, implying a pre-capital increase valuation of EGP22.37 billion

 FWRY has finalized an investment in alsoug.com, Sudan’s largest online classifieds platform and marketplace

 Aman (RAYA) received a credit facility of EGP150 mn from the SME’s Development Authority to finance consumer loans

DOMT turned profitable in 3Q21, achieving EGP51 mn (+23.5% YoY), after recording losses in 6M2021 of EGP32.5 mn; DOMT is trading at 2021 P/E of 6.2x and EV/EBITDA of 5.3x

Americana Holding Company acquired a stake of 53.45889% in POUL through purchasing 256,068,959 million shares at a price/share of EGP3.40

EETC has inked contracts with a consortium that includes SWDY for power substations; SWDY's share is about c. EGP236 million from the total amount

EGCH is considering options for its two 75,000 square meter plots in Aswan (selling, expansion plans, or changing the land’s business license to industrial from residential)

Ministry of Petroleum is planning to establish a new Assiut Refinery, in cooperation with Assiut Petroleum Refining Company, Enppi and Petrojet

Bookings from the UK to Egypt have increased 400% since Egypt was removed from the UK’s red list

Tourism companies have asked the National Council for Wages for an exemption from paying private sector minimum wage

Alexandria Port Authority is planning to tender a 31k sqm land plot to private sector investors to set up container terminals or storage facilities (Competition for ALCN)