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Pensioners Union lobbying El Sisi to reject Pensions Act
LEGISLATION WATCH- Pensioners Union lobbying El Sisi to reject Pensions Act: The Pensioners Union has agreed to send an official…
Majid Al Futtaim to open USD 437 mn Heliopolis mall in September
Majid Al Futtaim will open its USD 437 mn City Centre Almaza in East Cairo in September, the company said…
Ebtikar acquires additional 10% stake in e-payments firm Masary
M&A WATCH- Ebtikar acquires additional 10% stake in Masary: Ebtikar for Financial Investment, a joint venture between BPE Partners and…
OFID to increase Egypt financing by USD 55 mn by year-end
OFID to increase Egypt financing by USD 55 mn by year-end: The OPEC Fund for International Development (OFID) is planning…
Egypt’s first EGP 1 bn fintech fund to launch early 2020
Egypt’s first fintech fund to launch early 2020: The Central Bank of Egypt’s (CBE) EGP 1 bn fund to back…
Brilliance to invest USD 120 as it returns to Egypt assembly
EXCLUSIVE- Brilliance Auto to invest USD 120 mn to return to domestic assembly: Brilliance Bavarian Auto is planning to invest…
Eni begins oil production at West Meleiha concession; makes new oil, gas discoveries
Italian energy company Eni has begun oil production from its West Meleiha concession in the Western Desert at a rate…
United Oil & Gas looks to acquire Rockhopper Egypt for USD 16 mn
M&A WATCH- United Oil & Gas wants to buy Rockhopper Egypt for USD 16 mn: Irish energy company United Oil…
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