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SPE Capital looks to acquire up to 40% stake in Future Pharma
M&A WATCH- SPE Capital looks to acquire up to 40% stake in FuturePharma: Emerging markets-focused private equity outfit SPE Capital…
Lactalis-Halawa acquires 100% of Egyptian cheesemaker Greenland
M&A WATCH- Lactalis-Halawa acquires 100% of Greenland: The domestic partner of French dairy group Lactalis, Lactalis-Halawa Group, has acquired 100%…
Orascom signs sewage treatment agreement with Dammam plant
Consortium including Orascom Construction to build sewage treatment plant in KSA: A consortium including our friends at Orascom Construction along…
Egypt’s GDP will fall slightly over the next two years, UN says
Egypt’s GDP growth rate will slow slightly over the next two years, hitting 5.2% in 2019 before falling to 4.7%…
Central Bank of Egypt committed to liberalized FX market, EGP will see volatility natural, Amer says
We’re going to see more volatility in the EGP exchange rate, central bank’s Amer says: You can expect to see…
Apple eyeing investments in Egypt
INVESTMENT WATCH- Is Apple mulling an investment in Egypt? Apple Inc is interested in learning more about investment opportunities in…
50k civil servants to be transferred to Egypt’s new capital in 2020 -minister
Sign of the times? As many as 50k state employees could be reassigned to offices in the new administrative capital…
Egypt PM to chair SME Development Authority
MOVES- Prime minister to chair SME Development Authority: Prime Minister Moustafa Madbouly named himself as the chairman of the SME…
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