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Italy’s Edison to drill exploratory well in offshore Theqa concession in 4Q2019
Energean in pole position to take over Edison’s oil and gas unit: Greek energy company Energean is the frontrunner to…
Misr Insurance, Misr Life Insurance could IPO on Egypt’s bourse by end-2020
IPO WATCH- Misr Insurance, Misr Life Insurance will IPO-ready by the end of 2020: State-owned Misr Insurance and Misr Life…
Egypt in talks with a number of automotive companies for local assembly
EXCLUSIVE- Tata joins host of automotive companies in talks to invest in Egypt: India’s Tata Motors is in talks with…
Kharafi National looking to invest up to EGP 1 bn in Future City
INVESTMENT WATCH- Kharafi Nationalmulls investing up to EGP 1 bn in Future City infrastructure project: Infrastructure contractor Kharafi National could…
Emirati bank investments in Egypt stand at AED 43.4 bn at end of 1Q2019
INVESTMENT WATCH- UAE banks invested USD 11.8 bn in Egypt in 1Q2019: Investments by Emirati banks in Egypt reached AED…
Non-oil business activity continues to contract in June
Non-oil business activity continues to contract in June: Falling demand caused non-oil business activity to contract for the second consecutive…
Baker McKenzie appoints Ghada El Ehwany as M&A partner at its Egypt office
MOVES- Baker McKenzie has appointed Ghada El Ehwany (LinkedIn) as an M&A partner at its Egypt office, the law firm…
World Bank approves USD 500 mn loan to support Egypt’s cash-subsidy programs
World Bank approves USD 500 mn loan to support Egypt’s cash-subsidy programs: The World Bank’s board of directors has approved…
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