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MPs approve amendments to the law regulating the Sovereign Fund of Egypt
The amendments secured the body’s preliminary approval on Monday
MPs preliminarily approve amendments to the law regulating SFE
The amendments will deem the fund a cabinet-affiliated entity
Lighthouse Education to shut down before operations kick off
The decision was prompted by high construction costs
SFE taps Noha Khalil as interim CEO. PLUS: Ahmed El Sheikh appointed to head the EGX for another year
Khalil will assume the role until the procedures for appointing a new CEO are completed
Emirati-Saudi consortium pulls out of NDP HQ redevelopment project amid rising costs
The EGP float pushed up raw material and energy costs
SFE head Ayman Soliman resigns
Soliman submitted his resignation prior to the cabinet shuffle
Fertiglobe awarded EUR 397 mn bid to supply Europe with green ammonia
The offtake agreement will see Fertiglobe supply the bloc with 19.5k tons of green ammonia annually starting 2027
Education platform EPP wants to set up two schools in Alexandria and Soma Bay by 2025
EPP is planning to enter up to three regional markets soon.
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