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Egypt ranks 127 out of 170 on Democracy Index, score remains stable
Egypt ranked 127 out of 170 on the Economist Intelligence Unit’s 2018 Democracy Index, which saw the average global score…
Banque Misr begins issuing Meeza debit cards
Banque Misr has begun issuing “Meeza” debit cards as of the beginning of this month, an unnamed source from the…
Is the Electricity Ministry looking to ditch Egypt’s feed-in tariff program in favor of an IPP framework?
Is the Electricity Ministry looking to ditch the feed-in tariff program in favor of IPP framework? The Egyptian Electricity Transmission…
Cabinet approves proposed amendments to Egypt’s Competition Act
CABINET WATCH- The Madbouly Cabinet approved yesterday proposed amendments to the Competition Act (or Antitrust Act) that are meant to…
Egypt’s Nassef Sawiris sells shares in Switzerland’s LafargeHolcim
Nassef Sawiris sells USD 68 mn of shares in LafargeHolcim: Nassef Sawiris sold off USD 67.5 mn-worth of shares he…
EDF looking to sell Edison’s Egypt exploration and production assets
Potential bidders for Edison’s Egypt assets line up ahead of expected close this month: France’s EDF is looking to sell…
Manfoods to invest EGP 250 mn in Egypt in 2019
INVESTMENT WATCH- Manfoods to invest EGP 250 mn in Egypt in 2019: Manfoods, which holds the franchise for McDonald’s, is…
Finance Ministry drafts “more realistic” comprehensive debt strategy, raises Egypt’s public debt targets
EXCLUSIVE- FinMin completes drafting “more realistic” comprehensive debt control strategy, raises public debt targets: The Finance Ministry has completed drafting…
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