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SODIC awards EGP 1.2 bn in contracts at flagship SODIC East development
Upmarket real estate developer SODIC has awarded EGP 1.2 bn in contracts at its flagship SODIC East development to date…
What we’re tracking on 22 July 2020
Good morning, friends, and welcome to the last business day of the week. The nation is sliding into a three-day…
New companies rise 15% in June -GAFI
The number of new companies that were set up in Egypt in June rose 15% y-o-y to 1,672, General Authority…
Ex-AOI boss made military production minister after Al Assar death
MOVES- Shehab Marzban (LinkedIn) has resigned as chairman of government-owned venture capital fund Egypt Ventures and is joining Beltone Financial,…
Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat
Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat: More than half of the EUR 1.9…
House approves amendment to Public Enterprises Act, postpones approval on Central Bank Act, covid-19 salary tax
LEGISLATION WATCH- House approves amendment to Public Enterprises Act, postpones approval on Central Bank Act, covid-19 salary tax: The House…
ODE, NIS to invest more than EGP 500 mn in two int’l schools in O West
INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int’l schools in O West: A recent partnership…
Ibnsina considers minority share purchases through new SPV
M&A WATCH- Ibnsina Pharma is looking potential investments in unnamed pharma manufacturing companies through a newly-established special purpose vehicle (SPV),…
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