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Export councils to lobby House for raising export subsidies to EGP 5-6 bn
Export councils are planning to submit a request to the House of Representatives asking that they lobby the government to…
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Contract for Magic Land redevelopment to be signed ‘within days’
The contracts for the redevelopment and management of the Magic Land theme park will be signed “within days”, the Chairman…
Maspero restructure plan aims to settle EGP 32.8 debt over three years, privatize subsidiaries
The government’s plan to restructure the state-owned Television and Radio Union (Maspero) aims to pay off EGP 32.8 in debt…
First contracts awarded for Saudi Arabia's USD 500 bn Neom city
The Saudi government has begun awarding contracts for the massive USD 500 bn Neom city (aka Tomorrowland, aka DesertWorld). It’s…
Arafa Holding to expand clothes retail activities
Arafa Holding plans to expand its activities in clothes retail through its subsidiary Euromed for Trading and Marketing, the group’s…
Arbitration cases at CRCICA drop to 65 in 2017
The Cairo Regional Center for International Commercial Arbitration (CRCICA) received 65 new cases in 2017, down from 91 cases in…
Nasr forms investors appeals committees at GAFI
Investment Minister Sahar Nasr established two investor appeals committees at the General Authority for Freezones and Investors (GAFI). The order…
EGP 1 bn eco-tourism company in the works?
It seems that there are plans to establish a EGP 1 bn company to manage wildlife and nature reserves in…
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