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Arrears owed by Egypt to IOCs fall to USD 900 mn
Arrears to IOCs fall to USD 900 mn, on track to be cleared by the end of the year: Arrears…
Egypt to clarify role of private sector in universal healthcare system
Are we finally getting some clarity on the role of the private sector in the new healthcare system? The government…
Apple agrees to ECA’s demands to end “anti-competitive restrictions” in Egypt
One win the ECA can claim now: Apple is playing ball with the competition watchdog’s demands to end “anti-competitive restrictions”…
ECA extends technical examination period of Uber-Careem merger
ECA gives itself more time to rule in Uber-Careem merger: The Egyptian Competition Authority (ECA) has extended the period during…
Investec acquires Spinney’s for undisclosed sum, marking its first PE investment in Egypt
M&A WATCH- Investec has acquired Spinney’s Egypt from Abraaj for an undisclosed figure, marking the asset management company’s first private…
Veon nearly completes MTO of 42.3% of Global Telecom Holding
M&A WATCH- GTH nearly completes sale of 42.3% stake to Veon: Global Telecom Holding (GTH) shareholders have completed the sale…
Care Healthcare divests 31.5% stake in Cleopatra Hospitals
M&A WATCH- Care Healthcare divests 31.5% stake in Cleopatra Hospitals: Care Healthcare sold a 31.5% stake in Cleopatra Hospital Group…
Busy few days at Egypt’s House as reps prep for summer recess
LEGISLATION WATCH- House gives final nod to keeping stamp tax on EGX transactions at 0.15%: The House of Representatives’ general…
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