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Two banks just stepped up overseas FX restrictions
Elab, Ethydco and EDC stake sales could happen by year’s end and ACUD is looking for a global advisor for…
Parliamentary committee results are in
The House has announced the results of the parliamentary committee elections and has a busy season ahead with 11 cabinet…
Gov’t action to stall soaring food prices may be in sight
Authorities will attempt to get the prices of nine basic commodities under control by flooding the market
Social support measures vote incoming?
The income tax change and bonuses for public-sector workers and pensioners are aimed at alleviating the cost of living crisis
The House is back in session
Good morning, wonderful people, and happy October to you all. We’re in a particularly chipper mood for a Sunday because:…
The expat car import scheme is making a comeback
Egyptian expats get another three months to import cars in exchange for FX deposits
Someone has eyes for Middle East Glass. PLUS: Big Network International investment and news from Mashreq, Ethydco, Somabay, Quintessentially, and the banking industry
Unnamed investors are offering to acquire Gulf Capital’s 37% stake in the glass manufacturer
The gov’t new unified contracting system to regulate the government procurement market
The new system aims to end major companies’ monopoly over the state’s projects
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