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Legislation watch: House to approved SMEs Act regs, Egypt to set up national council for healthcare
LEGISLATION WATCH- The executive regulations of the SMEs Act should get the House of Representatives’ final approval at the end…
General Electric awarded EGP 825 mn contract for Delta energy control center
General Electric has been awarded the contract to establish a regional energy control center in Dakahlia by the Egyptian Electricity…
Odin to list subsidiary on Nilex by early 2021
IPO WATCH- Odin subsidiary Emerald for Project Management to make Nilex debut next year: Odin Investments plans to IPO subsidiary…
Proparco commits USD 11 mn to Lorax Capital’s Egypt-focused LCP II fund
INVESTMENT WATCH- Proparco has committed USD 11 mn to Egypt- and SME-focused private equity fund LCP II, the French Development…
TMG wants to partner with NUCA to develop 5k feddans in Capital Gardens City
Talaat Moustafa Group is in negotiations to partner with the New Urban Communities Authority to develop 5k feddans in the…
FinMin to sign USD 250 mn loan agreement with JICA by year’s end
DEBT WATCH- Egypt could seal the first USD 250 mn tranche of a USD 500 mn loan from the Japanese…
HCCD kicks off restructuring plans to streamline operations
M&A WATCH- The new, slimmer HCCD: The state-owned Holding Company for Construction and Development (HCCD) is merging 11 of its…
HHD announces its new strategy, relying on partnership with the private sector
PRIVATIZATION WATCH- HHD plans to rely on private sector partnerships in its new development strategy: State-owned Heliopolis Housing and Development…
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