Madbouly named Chill Out and Silo Foods as the two other military-linked companies heading to the EGX
Author Archives: enterpriseam admin
Posted inIPO
Korra Energi temporarily to list shares on the EGX today ahead of upcoming IPO
Korra will list EGP 450 mn worth of shares on the EGX
Posted inUncategorized
Hilton to triple its presence in Egypt with 25 new hotels in the pipeline
The company wants to bring its portfolio up to 40 hotels in a matter of years
Posted inM&A WATCH
Africa50 completes 42.9% stake acquisition of Raya Data Center
The USD 15 mn investment ticket will go towards the construction on a new Tier III data center
Posted inManufacturing
El Wehda and state entity form JV to build region’s first large-scale shipbreaking yard
The project should produce 1.5 mn tons of scrap a year within five years — double the amount that is currently collected locally
Posted inCabinet watch
Cabinet approves stricter drug test laws, oil explorations contracts, green financing front the EU, and Sinai land use rule extensions
USD 133.8 mn worth of oil exploration agreements given the greenlight
Posted inMoves
Zaki Hashem appoints Tewfik Shehata as senior partner for litigation and arbitration. PLUS: United Bank taps new IR head
Shehata is rejoining the firm from his own private firm Shehata, Attorneys at Law