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GERD talks at a “deadlock” amid wide gap between Egypt and Ethiopia
GERD talks at a gridlock again? Ethiopia rejected last month Egypt’s proposal for the timeline of filling the Grand Ethiopian…
Egypt kicks off new export subsidy program, says overdue payments on the way
Gov’t kicks off EGP 6 bn export subsidy program, says more overdue payments on the way: The government has started…
Noble, Delek say natural gas agreement with Egypt going according to plan to calm investor concerns
Noble, Delek attempt to allay fears of gas export delays to Egypt: The USD 15 bn agreement with Egypt is…
Egyptian investment bank Arqaam to complete three M&A transactions in 1Q2020
M&A WATCH- Arqaam to complete three M&A transactions in 1Q2020: Investment bank Arqaam Capital has three M&A transactions worth USD…
SODIC launches new west Cairo project
SODIC has launched “The Estates,” a new project in New Zayed, the company said in a statement (pdf). The west…
Swvl seeks to raise over USD 100 mn in a financing round in 1Q2020
STARTUP WATCH- Swvl is seeking to raise more than USD 100 mn in a financing round in 1Q2020, and targeting…
Egypt mulls amending corporate healthcare tithe to impose EGP 10k cap across the board
EXCLUSIVE- FinMin mulls amending corporate healthcare tithe to impose across-the-board cap at EGP 10k: The Finance Ministry is considering introducing…
Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year
Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity…
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