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Is the government about to step in to resolve Egypt’s cement market glut?
Is the government about to step in to resolve the cement market glut? Prime Minister Moustafa Madbouly held a meeting…
Australian mining company seeks hundreds of mns of USD in compensation from the Egyptian Company for Mineral Resources (ECMR)
DISPUTE WATCH- The Egyptian gov’t is facing a multi-mn USD lawsuit from an Australian mining company: Australian mining company Gippsland…
Airport security in Egypt not reason behind British Airways suspension
British Airways’ seven-day suspension of flights to Cairo is not related to security measures at Egyptian airports, British ambassador to…
EFG Hermes has a lot of projects in the pipeline
M&A WATCH- EFG Hermes named as adviser to FrieslandCampina in Arab Dairy acquisition: EFG Hermes will provide financial advice to…
Government mulls a tax break incentives for companies listing on the EGX
EXCLUSIVE- A generous tax break for companies listing on the EGX is in the making: Fawry’s planned listing comes as…
Egyptian e-payments platform Fawry to offer 36% of its shares in IPO
IPO WATCH- Fawry to offer 36% of its shares in an IPO: E-payments platform Fawry is planning to offer up…
Egypt’s Oil Ministry taps Mohamed Radwan as EGPC co-head
MOVES- Oil Minister Tarek El Molla has tapped Mohamed Radwan (LinkedIn) as co-head of the Egyptian General Petroleum Corporation (EGPC),…
ITFC to provide USD 50 mn in loans to Egyptian SMEs in 2020
ITFC to provide USD 50 mn in SME loans in 2020: The Islamic Trade Finance Corporation (ITFC) will channel a…
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