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House happy with Competition Act amendments, votes to extend real estate tax collection period
LEGISLATION WATCH- House gives preliminary nod to Supply Affairs Law, Competition Act amendments: The House of Representatives’ general assembly have…
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House ratifies Egypt-Cyprus pipeline agreement, other recent agreements
LEGISLATION WATCH- House ratifies Egypt-Cyprus pipeline agreement: The House of Representatives’ Legislative Committee approved yesterday the Egypt-Cyprus agreement to establish…
SODIC enters EGP 800 mn settlement agreement with IGA
SODIC enters EGP 800 mn settlement agreement with IGA: Leading real estate developer SODIC has agreed to pay EGP 800…
Egypt’s FRA to hear Beltone’s appeal of its suspension today
The Financial Regulatory Authority will hear today an appeal today by Beltone Financial of a six-month suspension handed to the…
Egyptian gov’t retracts oil hedging contracts as crude falls short of budget forecast
EXCLUSIVE- Gov’t walks away from fuel hedging plan as oil price plunge sees crude trading below budget prediction: The Finance…
2019 looks good for Egypt, but expect the US economy to slow down and a bear market for American equities
2019 looks reasonable for Egypt, less so for other emerging markets -EFG: EFG Hermes’ 2019 yearbook suggests that a “sustained…
Is the ECA really going after Apple?
The competition authority is going after Apple. Yes, Apple the iPhone maker. The Egyptian Competition Authority (ECA) accused iPhone maker…
Egypt’s B Investments mulling USD 15-20 mn acquisition in Benban solar plant
M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking…
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