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HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020
M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn…
What we’re tracking on 13 February 2020
We have a passel of M&A news to accompany the top story of the day: The suggestion that the CBE…
Your top infrastructure stories of the week
German Eurogate and Italy’s Conchip submitted technical and financial proposals for developing the second container terminal project in Damietta to…
Vodafone taps UK-based Linklaters as legal counsel in STC acquisition
M&A WATCH- Vodafone taps UK-based Linklaters as legal counsel in STC acquisition: Vodafone Group has appointed law firm Linklaters to…
Proposed amendments to Egypt’s sovereign fund law get House committee nod
LEGISLATION WATCH- House mulls tax breaks for companies owned by Sovereign Fund of Egypt: The House Planning and Budget Committee…
Mineral export fees to remain unchanged for another year
Trade Minister Nevin Gamea issued a decision yesterday to extend export tariffs on talc, quartz, feldspar, sand and granite for…
Al Canal sugar factory to output 400k tonnes when production resumes in 2021
Al Canal’s USD 1 bn Minya sugar factory will output over 400k tonnes of white sugar when production resumes in…
EIB to support infrastructure projects with EUR 123 mn in financing
EIB to provide EUR 123 mn to finance infrastructure projects: The Egyptian government has signed three financing agreements worth EUR…
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