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Aramco’s IPO is moving forward, as MbS gives it the green light
IPO WATCH- Aramco’s IPO is moving forward as MbS appears to accept valuation of less than USD 2 tn: Saudi…
Cabinet watch
Egypt and IMF continue talks for post-loan agreement
IMF’s Azour confirms talks are ongoing with Egypt on post-loan cooperation: Egypt and the IMF are currently in talks to…
Gov’t considers boosting health, education spending
The government could increase spending on health and education, according to two cabinet statements (here and here). The two ministries…
Federation of Egyptian Industries eyes EGP 3.3 bn handicrafts development plan
The Federation of Egyptian Industries’ (FEI) handicrafts division is looking to implement a EGP 3.3 bn plan to develop and…
E-Payments Act, NGOs Act regulations to be published by December
LEGISLATION WATCH- You can expect the executive regulations for the E-Payments Act no later than December: The executive regulations for…
Cabinet signs off on Egypt’s waste-to-energy tariff at EGP 1.40 / kWh
CABINET WATCH- Gov’t signs off on waste-to-energy tariff: The Madbouly Cabinet approved yesterday setting the feed-in tariff (FiT) rate for…
Wider ownership of EGP 100 mn company managing Egyptian Commodity Exchange?
Wider ownership of EGP 100 mn company managing commodities exchange? The Supply Ministry will begin next week the procedures to…
Public Enterprises Ministry could offer investors management rights to three bus companies
PRIVATIZATION WATCH- Egypt is bringing its privatization drive to bus companies. The Public Enterprises Ministry could offer private investors the…
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