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Egypt’s SODIC awards EGP 300 mn-worth of construction contracts for SODIC East
SODIC has awarded construction contracts worth EGP 300 mn for its flagship SODIC East project, according to an emailed statement…
UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets
INVESTMENT WATCH- UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets: Emirates National Oil…
Rameda, Misr Insurance and jeans maker T&C all make IPO news
IPO WATCH- There’s plenty of chatter in the market this morning about IPOs, some on the near horizon, others further…
House approves in principle amendments to Public Enterprises Act
LEGISLATION WATCH- House gives preliminary nod to Public Enterprises Act amendments: The House of Representatives has approved “in principle” amendments…
Egyptian Commodity Exchange company to be established next month
EGX, Supply Ministry to set up company to manage commodities exchange next month: The Egyptian Stock Exchange (EGX) and the…
MPs voice concerns over Central Depository and Registration Act amendments
LEGISLATION WATCH- MPs voice concerns over Central Depository and Registration Act amendments: Members of the House Economic Committee yesterday voiced…
Egyptian snackfoods giant Edita receives MAD 15 mn grant from Morocco
Edita receives EGP 25.4 mn grant from Morocco’s gov’t under manufacturing incentive program for foreign investors: Edita’s Moroccan subsidiary, Edita…
Islamic Development Bank launches USD 500 mn fund for Egyptian startups
Islamic Development Bank launches USD 500 mn fund for Egyptian startups: The Islamic Development Bank (IsDB) has set up a…
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