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HHD secondary offering to be completed before May 2020
PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary…
Egypt might be scrapping Shanghai Electric’s USD 4.4 bn “clean coal” power plant
INVESTMENT WATCH- Shanghai Electric’s USD 4.4 bn “clean coal” power plant could be scrapped or postponed: The Electricity Ministry is…
Egypt’s El Sisi revives talks about listing military companies
El Sisi signals that military companies on the EGX more than just an idea: Military-owned companies and assets will be…
Egypt’s current account deficit narrows, FDI more than doubles in 1Q2019-2020
Current account deficit narrows, FDI more than doubles in 1Q2019-2020: The current account deficit decreased 31% y-oy in the first…
House passes amendments to law regulating Egypt’s terrorist watch list
LEGISLATION WATCH- House passes amendments to law regulating who should be on the nation’s terrorist watchlist: The House of Representatives…
Egypt’s parliament approves temporary law settling building code violations
LEGISLATION WATCH- House grants final approval to temporary law settling building code violations: The House of Representatives’ general assembly voted…
Emerald expects to raise EGP 203 mn in January IPO
IPO WATCH- Emerald expects to raise EGP 203 mn from upcoming IPO: Real estate investment firm Emeraldis expecting to raise…
Israeli gas exports to Egypt face possible delays, again
Israeli gas exports to Egypt face possible delays — again: The Israeli Environmental Protection Ministry has briefly delayed the start…
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