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HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
Delivery logistics company iMile to expand into Egypt following USD 10 mn pre-series A
STARTUPWATCH - UAE logistics company iMile raises USD 10 mn pre-series A, eyes Egypt expansion: Dubai-based cash-on-delivery logistics company iMile…
El Nasr Mining Company to offer 22% of its shares on the EGX
PRIVATIZATION WATCH- El Nasr Mining Company to offer 22% of its shares in IPO: The Holding Company for Metallurgical Industries’…
Sodic on the offense on HHD tender
PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against…
FRA to require Egyptian financial service firms to digitize transactions
REGULATION WATCH- The Financial Regulatory Authority (FRA) is preparing a draft law that would require financial institutions to digitize their…
EgyptAir consortium tapped by Nigeria to help overhaul aviation industry
Nigeria has selected an EgyptAir-led consortium to set up an aircraft leasing company as part of a plan by the…
Egypt’s House approves data protection, consumer credit acts + amendments to anti-terrorism act
LEGISLATION WATCH- Lawmakers had a busy day yesterday, giving final votes of approval to several key pieces of legislation. Among…
HHD pauses 10% stake + management contract amid conflicting reports of offers
PRIVATIZATION WATCH- HHD to pause share sale plans after finding no bidders for 10% stake + management rights: State-owned Heliopolis…
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