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OIH looks to extend deadline to acquire Egypt’s Nile Sugar to update valuation report
Orascom Investment Holding wants more time in which to close its acquisition of Nile Sugar as it seeks time to…
Egypt’s nuclear authority compiles list of local companies to take part in Dabaa project
NPPA compiles list of local companies qualified to bid for work on Dabaa plant project: The Nuclear Power Plants Authority…
Egypt’s Pioneers Holding raises stake in Electro Cable Co. to 68.14%
M&A WATCH- Pioneers Holding raises stake in Electric Cable Co. to 68.14% after acquisition goes through: Pioneers Holding has, through…
Heliopolis Housing out of first wave of stake sales; no stake sales during summer
EXCLUSIVE- Heliopolis Housing dropped from first wave of state privatization program: Heliopolis Company for Housing and Development has been dropped…
Egyptian Financial and Industrial Company appoints new chairman and deputy
MOVES- The Egyptian Financial and Industrial Company (EFIC) has named Abdel Aal Tolba El Banna as chairman and Mohamed Saeed…
MOVES- Arabian Cement appoints Salvador Cabanas Lopex as CFO
MOVES- Arabian Cement Company has appointed Salvador Cabanas Lopez as CFO, the company said in an EGX disclosure (pdf).
Is Thomas Cook about to get a new owner?
Is Thomas Cook about to get a new owner? The high-profile UK-based holidays group, a fixture of Egypt’s tourism industry…
Gov’t expects Egypt’s new Social Security and Pensions Act to take effect in July
LEGISLATION WATCH- Gov’t expects Social Security and Pensions Act to take effect in July: The Social Solidarity Ministry is expecting…
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