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Baker McKenzie forecasts Egypt to have third highest value of 2019 M&As in MENA
Baker McKenzie forecasts Egypt to have third-highest value of 2019 M&As in the MENA region: The total value of M&A…
Speed Round
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Sarwa shares fall nearly 10% after Naguib Sawiris’ OIH acquires a stake
Sarwa shares fall nearly 10% after OIH stake acquisition: Sarwa Capital’s share price ended yesterday’s trading session at EGP 6.52,…
Egypt’s industry lobbies for cheaper gas, lower industrial property taxes
Manufacturers lobby for cheaper gas: Prime Minister Moustafa Madbouly has promised to consider revising downward the price manufacturers pay for…
Edison has not abandoned Egypt concessions
Italy’s Edison says it has not given up oil and gas exploration rights in Egypt: Edison, the Italian oil company…
Egypt’s central bank boss confirms intention to resume bank licensing
Amer confirms new bank licenses could be issued: Central Bank of Egypt Governor Tarek Amer has confirmed to Al Mal…
OLA Energy plans to invest EGP 500 in Egypt over the next five years
INVESTMENT WATCH- Libya Oil Group plans to invest EGP 500 in Egypt over the next five years, the group announced…
Travel agents and operator see surge of interest in Egypt
Tourism to Egypt is growing amid an upswing of interest in the destination from US and European travelers, reports Skift,…
SLCC annulls USD 10 mn Giza Plateau development contract with OIH
Sound and Light Company scraps USD 10 mn Giza Plateau development contract with OIH: The Sound and Light Cinema Company…
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