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Modern Waterproofing Company management’s submit offer to buy company
M&A WATCH- The Modern Waterproofing Company’s management team is seeking regulatory approval from the Egyptian Financial Supervisory Authority to acquire…
Speed Round
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Cairo Three A trumps ADM’s bid for the National Company for Maize Products
M&A WATCH- The year’s hottest bidding war is still going strong, with Cairo Three A Group presenting a mandatory tender…
Investment law primer from Sharkawy & Sarhan
Need a primer on the investment law? A good starting point is this narrated slide show (with accompanying text summary)…
Rashwan named SIS head
MOVES- Diaa Rashwan was appointed chairman of the State Information Service (SIS), Al Masry Al Youm reports. Rashwan is a…
El Ganainy appointment as CIB’s institutional banking CEO approved
MOVES- The Central Bank of Egypt approved CIB’s appointment of Amr El Ganainy as its CEO for institutional banking, according…
A number of tourism sector representatives resign from Supreme Tourism Council
Does someone in the tourism industry want Yehia Rashed out? Red Sea Tourism Investment Association chairman Kamal Abou Ali has…
Ergot redux?
Ergot… again? An administrative court struck down a government decree transferring responsibility for inspecting agricultural imports from the Agriculture Ministry's…
Central Bank repays another USD 750 mn in arrears to IOCs
Speaking of the CBE, it has paid another USD 750 mn in arrears owed to international oil companies in the…
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