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Samih Sawiris mulls takeover of Germany’s FTI Group
M&A WATCH- Samih Sawiris mulls takeover of Germany’s FTI Group: Orascom Development Holding Chairman Samih Sawiris is considering the acquisition…
Egypt in the news on 7 April
Headlines to skim on an otherwise quiet morning for Egypt in the foreign press: Work on Egypt’s megaprojects has resumed,…
HHD’s board resigns after stake sale finds no buyers
HHD’s board resigns after stake sale finds no buyers: State-owned Heliopolis for Housing and Development’s (HHD) chairman and board of…
Madbouly orders “firm action” against building code violations
Prime Minister Moustafa Madbouly has ordered local authorities to tighten control over building permits and take “firm action” as permissible…
Egypt’s gov’t won’t be moving to new capital this year, museum opening postponed
El Sisi postpones government’s move to new capital, GEM opening to 2021: President Abdel Fattah El Sisi has postponed to…
Covid-19 updates continue to top coverage on Egypt’s talk shows
Daily case rundown from the Health Ministry: Masaa DMC’s Eman El Hosary and Min Masr’s Amr Khalil recapped the Health…
Osama Saleh selected as non-executive chairman of SODIC’s board
MOVES- Former investment minister Osama Saleh is now non-executive chairman of SODIC’s board of directors, following the departure of Hani…
FRA asks securitized bondholders to extend maturities
DEBT WATCH- FRA asks securitized bond holders to extend maturities: The Financial Regulatory Authority approved a request from corporate bond…
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