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Madbouly issues executive regulations for amended Mineral Resources Act
LEGISLATION WATCH- Mineral Resources exec regs issued: Prime Minister Moustafa Madbouly has issued the executive regulations for the amended Mineral…
Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020
INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according…
Cairo 3A acquires 50% stake in Pyramid Poultry
M&A WATCH- Cairo 3A acquires 50% of Pyramid Poultry: Cairo 3A has acquired a 50% stake in Pyramid Poultry for…
E-Finance to begin IPO procedures in March
IPO WATCH- E-Finance to begin IPO procedures in March: State-owned e-payments platform E-Finance is expected to be ready to begin…
Bank Audi in talks with investors over sale of Egypt unit
M&A WATCH- Bank Audi remains in Egypt — for now: Bank Audi has not officially filed a request to exit…
Hassan Allam, Egypt’s sovereign wealth fund sign joint investment agreement
Hassan Allam, Sovereign Fund of Egypt sign joint investment agreement: Our friends at Hassan Allam Holding and the Sovereign Fund…
Misr Financial Investments to launch brokerage firm in coming months
Banque Misr’s investment arm, Misr Financial Investments, will launch a brokerage firm in the coming months, co-CEO and managing director…
Orascom Construction adds USD 770 mn in new awards to 4Q 2019 backlog
Orascom Construction added USD 770 mn to its backlog in 4Q2019, growing the value of current projects under construction to…
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