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Egypt’s cabinet approves USD 500 mn housing facility from the World Bank
CABINET WATCH- Cabinet greenlights USD 500 mn World Bank housing facility extension: The Madbouly Cabinet ratified in its meeting last…
Chemical Holding to acquire half of Al Ahli Capital’s stake in WAPHCO
M&A WATCH- Chemical Holding to acquire 10% stake in phosphate company: The Chemical Industries Holding Company is closing in on…
Court strikes down effort to end steel tariffs
DISPUTE WATCH- Court strikes down effort to end steel tariffs: An administrative court has rejected a petition submitted by the…
Egyptian court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn
DISPUTE WATCH- Court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn: The Council of State’s (Maglis…
Food exporters want to return to old subsidies framework
Food exporters want a return to old subsidies framework, with a few minor tweaks: The Food Export Council has sent…
Egypt outlines plan to find jobs for returning workers
Gov’t outlines plan to find jobs for returning workers: The government is planning to have expatriates and workers returning from…
EBRD’s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn
EBRD’s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn: The European Bank for Reconstruction and Development…
Egypt records 3.8% economic growth for FY2019-2020
The economy grew 3.8% in the state fiscal year that ended on 30 June, despite fallout from the covid-19 pandemic,…
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