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What do private sector players want from the AIIB?
AIIB officials join FinMin, private sector players to explore how the bank can help Egypt’s private sector
Competition watchdog alleges aluminum price-fixing. PLUS: News from Thales, Orascom, Maersk, EgyptAir, Kronospan, and HEDG.
COMPETITION- Competition watchdog sues 14 aluminum firms, alleging price fixing: The Egyptian Competition Authority (ECA) has filed charges against 14…
Sovereign Fund of Egypt’s authorized capital doubles to EGP 400 bn. PLUS: News from Sodic, Avanz Capital.
SFE chair Hala El Said said recently that the fund’s authorized capital will reach EGP 1 tn within three years
Afreximbank to lend USD 400 mn for new state-owned fertilizer plant
The plant will cost some USD 1.2 bn to build
State insurance fund wants to buy Heliopolis Housing’s Heliopark
NOSI wants Heliopark: The state-owned National Organization for Social Ins. (NOSI) has submitted an offer to buy 100% of the…
Someone has eyes for Middle East Glass. PLUS: Big Network International investment and news from Mashreq, Ethydco, Somabay, Quintessentially, and the banking industry
Unnamed investors are offering to acquire Gulf Capital’s 37% stake in the glass manufacturer
More EBRD funding in the pipeline
The loan is set to be approved on 12 September
Shoukry talks regional issues with US Secretary of State Blinken
Plus: Conversations about water security with the World Bank and tourism with the South Korea’s ambassador to Egypt
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