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Senate committee greenlights bill allowing informal industrial projects to get temp licenses
Unlicensed industrial projects can soon temporarily go legit.
AAIB could exit Palm Hills in stake sale to Emirati investor
Emirati investment company Al Ain Holding could snag AAIB’s stake in EGX-listed Palm Hills Developments.
Hassan Allam Construction is building Beko’s first Mideast factory here
MANUFACTURING- Hassan Allam Construction tapped to build Beko factory: Turkish retailer Beko has contracted our friends at Hassan Allam Construction…
Madbouly’s big presser steals the show
The privatization program, a lifeline for real estate developers, and golden licenses to industry dominated the conversation on last night’s…
More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
GASC launches its second int’l wheat tender this month
COMMODITIES- A second World-Bank backed wheat buy: State grain buyer GASC has launched an international tender for 30-60k tons of…
Could more industrial players gain access to government support programs?
First there were golden licenses for industry. Now, diamond and silver licenses are coming into play: Since the Madbouly government…
Industrial investors to get 6-month grace period from late delivery penalties
Gov’t to give industrial investors some breathing room: The Madbouly cabinet approved giving the Industrial Development Authority (IDA) the power…
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