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The Supreme Constitutional Court’s ruling on the “old rent” law touted as “historic” by the nation’s talking heads
The ruling puts the law "in parliament's court," according to Ala Masouleety’s Ahmed Moussa
Eastern Company hikes cigarette prices for the fourth time this year. PLUS: News from Palm Hills, Misr Petroleum, GASC
The increase came in response to the Finance Ministry enacting the law that allows companies to raise prices by 12%…
Cairo Housing’s bid for a larger stake in United Housing moves forward. PLUS: News from Eastern Company, EverGrow, GASC
Cairo Housing and Development last month announced that it would submit an MTO for a stake in United for Housing…
Saudi Egyptian Developers secures EGP 4.4 bn from eight banks
PLUS- The EBRD will provide CIB with a EUR 25 mn unfunded financial guarantee for SME loans
CSCEC subsidiary inks agreement to operate new capital’s business district
The agreement will see the consortium take over the operations of the district once construction is complete
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
KSA’s Ayen fully acquires local startup Elmawkaa in SAR seven-figure transaction
The acquisition will allow Ayen to integrate Elmawkaa’s materials marketplace into its platform
Sidpec to set up a USD 159 mn sodium cyanide factory + DP World to look into setting up a freezone in the new capital
Sodium cyanide is the solution commonly used for gold extraction
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