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Egypt in the news on 27 August 2020
It’s a quiet morning for Egypt in the international press, which is not a bad way to start the weekend,…
Egypt: Engineering firm Daoud Group to acquire MNHD’s Nasr Utilities
M&A WATCH- Engineering firm Daoud Group to acquire MNHD’s Nasr Utilities: Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud…
Amer Tourism Development scraps plans to buy New Sohag land
Amer Group subsidiary Amer Tourism Development Company is reportedly no longer interested in purchasing a 50 acre land plot in…
Egypt’s MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations
M&A WATCH- MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations: Madinet Nasr for…
House gives final nod for tougher penalties in Electricity Act, Eminent Domain Act
MEGA LEGISLATION WATCH- House gives final approval to new Customs Act, paving the way for expedited clearance: The House of…
Egypt’s MNHD receives EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations
M&A WATCH- MNHD receives EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations: Madinet Nasr for…
El Nasr gives Odin Investments green light to start due diligence
M&A WATCH- El Nasr gives Odin Investments green light to start due diligence: El Nasr Civil Works’ board of directors…
Amer Group receives approval to decrease New Minya development area
Amer Group subsidiary Amer for Tourism Development has obtained approval from the New Minya City Authority to decrease the area…
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