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BP to invest USD 1.8 bn in Egypt next year
INVESTMENT WATCH- BP repeats nearly USD 2 bn investment pledge as Egypt budget rises: BP will invest USD 1.8 bn…
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UAE’s Mubadala buys 20% interest in Egypt’s Nour concession
M&A WATCH- UAE’s Mubadala buys 20% interest in Egypt’s Nour concession: The UAE’s Mubadala Petroleum has agreed to buy a…
Delek to sign new gas import agreements with Egypt?
Delek to sign new gas import agreements with Egypt? “We signed agreements with EMG to supply gas to Egypt, and…
Prosecutor General refers former chairman of Food Industries Holding to criminal court
Ex-Food Industries Holding Company head Alaa Fahmy is heading to trial on graft charges. Prosecutor General Nabil Sadek has referred…
Draft law to remove religion field from ID cards is back
LEGISLATION WATCH- A bill that would remove the ‘religion’ field from national ID cards is back from the dead: A…
Public Procurement Act to be implemented in FY2019-20?
LEGISLATION WATCH- Public Procurement Act to be implemented in FY2019-20? The Public Procurement Act will be implemented in FY2019-20, said…
Egypt cabinet to introduce new customs act
LEGISLATION WATCH- Cabinet will introduce a Customs Act in the House within the coming few weeks, Finance Minister Mohamed Maait…
Egypt’s Ibnsina Pharma, Sarwa Capital report results
EARNINGS WATCH- Ibnsina Pharma reported a 26.6% y-o-y increase in net profit to EGP 113.2 mn in 3Q2018, according to…
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