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Wheat suppliers allowed to submit shipment bids to GASC
State grain buyer GASC is allowing wheat suppliers to submit bids to ship the grain under a new amendment to…
Catch some rays
The US really wants us to go solar: The US will step up funding to Egypt to accelerate our shift…
AfDB to give us another EUR 83 mn for electricity reforms, energy efficiency
The African Development Bank (AfDB) has approved an EUR 83 mn loan to support the development of Egypt’s power infrastructure,…
Zeta Investments ups stake in Beltone to 4%
M&A WATCH- Zeta Investments has raised its stake in Beltone Financial to 4% from 3.1%, it said in a statement…
A merger in the Western Desert
Eni to merge two concessions in Western Desert: Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC)…
Public sector wage increase signed into law
Next month’s public sector wage hikes are now the law of the land: Legislation that raises basic salaries for public…
Elsewedy has a busy pipeline of acquisitions in 2H2021, and further into 2022
Elsewedy Electric is aiming to close three new acquisitions and greenfield investments in the second half of the year, a…
Court upholds death sentence for Ikhwan members
The Court of Cassation (Egypt’s highest appeals court) has upheld death penalties handed to 12 Ikhwan members including Mohamed Beltagy…
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