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PHD signs EGP 505 mn refinancing agreement with Ahli United Bank
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank: Palm Hills Developments (PHD) has signed a EGP 505…
Egypt to cut gas prices for factories in coming fiscal year -sources
Egypt to cut gas prices for factories in coming fiscal year -sources: The government is studying several proposals that could…
Egypt to negotiate long-term gas agreements as prices plunge
Plunging gas prices are forcing Egypt to change its gas-selling strategy: Egypt will reduce the amount of liquefied natural gas…
Schools apply for exemptions from 20% foreign ownership cap
Schools apply for exemptions from 20% foreign ownership cap: Cairo Investment and Real Estate Development (CIRA), the International School of…
Glovo leaves Egypt – again
STARTUP WATCH- Glovo leaves Egypt — again: Spanish on-demand delivery startup Glovo has decided to exit the Egyptian market for…
Pioneers Holding gets 30-day MTO extension from FRA
M&A WATCH- Pioneers Holding gets 30-day MTO extension from FRA: The Financial Regulatory Authority (FRA) has approved a request by…
Three banks interested in Bank Audi Egypt -sources
M&A WATCH- Three banks interested in Bank Audi Egypt: First Abu Dhabi Bank (FAB), the National Bank of Kuwait, and…
Russian flights to Red Sea resorts could resume in April-May, say aviation experts
Russia to resume flights to Red Sea resorts in April-May? Russian airlines could resume charter flights to Egypt’s Red Sea…
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