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EFG Hermes advises on USD 265 mn loan for Orascom Development Egypt
EFG Hermes concluded a seven-year USD 265 mn debt arrangement for Orascom Development Egypt (ODE), the investment bank said in…
Education franchising: the (relatively) low-risk strategy that could boost Egypt’s internationalization drive
The state of education franchising in Egypt and how it could help its internationalization drive: Franchising international schools in Egypt…
Diplomacy + Foreign Trade on 23 November 2020
The big news in diplomacy yesterday: The French Development Agency has committed to providing a EUR 50 mn loan to…
Matouk Bassiouny & Hennawy to advise on ODH’s sale of Orascom Housing Communities
APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of…
Importers of key commodities in Egypt to be excluded from shipping VAT
CABINET WATCH- Importers of key commodities could be excluded from paying value-added tax on shipping costs under legislative amendments to…
MNHD signs final agreement to offload stake in Nasr Utilities
M&A WATCH- MNHD signs final agreement to offload stake in Nasr Utilities: Madinet Nasr for Housing and Development (MNHD) has…
Diplomacy + Foreign Trade on 18 November 2020
Topping diplomatic coverage this morning: Egypt will receive GBP 1.8 mn from the British government through the United Nations Development…
Egyptian startup Wuilt raises USD 535k in seed funding
STARTUP WATCH- Arabic language website builder Wuilt has raised USD 535k in a seed funding round that included VC Daal…
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