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Investors reach out to GAFI’s dispute committee over South Sinai beach fees
A number of investors have reached out to the General Authority for Investment’s (GAFI) dispute resolution committee over the issue…
Contract for Lake Qaroun wastewater project to be awarded this month
The Holding Company for Water and Wastewater (HCWW) is currently in the process of selecting one out of four consulting…
Remittances are outpacing FDI and foreign aid as developing countries’ biggest source of foreign capital
Remittances are officially set to outpace FDI, aid, and private capital flows as the biggest source of foreign capital in…
Egypt in the News on 2 September 2019
Gov’t investment in Sinai shows “genuine intent” for development plans despite security threats: The government’s plan to invest EGP 5.23…
EFG Hermes tops brokerage league for August
EFG Hermes topped the EGX’s brokerage league table for August with a market share of 47.9%, according to figures released…
EFG receives EGP 450 mn subscription requests for “Mazid” fund
Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the “Mazid”…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…
Wave two of Egypt’s state privatization program kicked to early 2020
EXCLUSIVE- Wave two of state privatization program kicked to early 2020: The second wave of the state privatization program, which…
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