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Egypt’s Cabinet greenlights Consumer Credit Act
CABINET WATCH- Cabinet greenlights Consumer Credit Act: The Madbouly Cabinet approved yesterday the draft Consumer Credit Act, which would govern…
Real estate
Emaar Misr denies MNHD acquisition talks
M&A WATCH- Emaar Misr says not looking to acquire MNHD: Emaar Misr for Development has denied it is in talks…
EGX approves issued capital increase for CIB, Orascom Development
The EGX has approved CIB’s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also…
Egyptian contractors ready to start work on NAC light railway
OC, Hassan Allam among five contractors working on NAC light railway: Our friends at Orascom Construction and Hassan Allam are…
All things random was the theme of last night’s talk shows
With no single topic to unify the conversation on the airwaves, the talking heads busied themselves with a range of…
Fitch pours cold water on Egypt’s new administrative capital railway
Fitch pours cold water on new administrative capital rail link: Plans to construct an electric railway line connecting greater Cairo…
Schneider Electric Plans building 65 electric vehicle charging stations in Egypt
France’s Schneider Electric is currently building 65 electric vehicle charging stations in cooperation with Revolta Egypt, Al Mal reports. The…
Macron’s meeting with El Sisi, signed agreements dominate airwaves
The agreements Egypt and France signed yesterday and French President Emmanuel Macron’s comments on Egypt’s human rights record were in…
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