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Fertilizers producer Evergrow mulls offering 30% stake
IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no…
Egypt cultivated 3.18 mn feddans of wheat in 2019-2020
Egypt cultivated 3.18 mn feddans of wheat in the 2019-2020 season, Agriculture Ministry official Abbas Al Shennawi tells Reuters. Last…
What we’re tracking on 6 February 2020
The business community will be watching closely in the days ahead as regulators raise questions about two transactions that count…
House approves Tax Dispute, Consumer Credit bills in principle
LEGISLATION WATCH- House approves Tax Dispute Act in principle: The House of Representatives yesterday approved in principle the government’s temporary…
FreshSource becomes Otlob’s first fresh food supplier
Online agriculture platform FreshSource has become Otlob’s first fresh food supplier, it announced in a statement (pdf). Established in 2019,…
New Valley to establish EGP 2.5 bn logistics zone
The New Valley Governorate has begun work on a EGP 2.5 bn logistics zone that will be designated for dates…
House approves Organic Farming Act
LEGISLATION WATCH- House approves Organic Farming Act: The House of Representatives approved a government bill on Organic Farming, which would…
CBE ends EGP 5 bn medium-sized business initiative
CBE ends EGP 5 bn medium-sized business initiative: The Central Bank of Egypt has issued a statement (pdf) instructing banks…
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