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Export subsidy haircut scheme extended into 2021
Export subsidy payout program carries forward to 2021: Exporters will be able to apply to receive back-due subsidy payments in…
Mideast M&A activity picked up in 2H2020, Egypt is #2 for outbound transactions
The value of M&A activity in the Middle East nosedived 51% y-o-y to USD 58.7 bn in 2020 as M&A…
Fairmont witness released pending investigation
The public prosecutor has released one of the witnesses held in the Fairmont [redacted] assault case pending investigation. Ahmed El…
Thursday Kudos (on a Wednesday): Shahid opens in Sudan, photographer gets global recognition
Our friends at Shahid Law Firm are setting up shop in Khartoum in association with Sudanese lawyer Yousra Elhassan Badi’s…
Zombie arbitration back from the dead
UK construction firm Malicorp is reportedly preparing to file a fresh international arbitration case against the Civil Aviation Ministry for…
Neo’s got nothing on us
Canadian fertilizer producer Nutrien has sold its entire 26% stake in state-owned Misr Fertilizers Production Company (Mopco) in a USD…
Also on our radar on 24 December 2020
The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn loan to Al Dau al Haram…
Revenge of the Luddites, Part II
The Pharmacists Syndicate is taking its beef with the 21st century to 3elagi, filing a lawsuit yesterday against the digital…
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