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NBE to buy additional 2% of Arab Contractors subsidiary for EGP 1.2 bn
M&A WATCH- NBE to acquire another 2% of Arab Contractors subsidiary? Arab Contractors reportedly sold another 2% of its shares…
Speed Round
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Medhat Khalil & Co looking to submit MTO for Raya
** #1 M&A WATCH- Medhat Khalil & Co to submit mandatory offer for 100% of Raya? Conflicting media reports emerged…
Enterprise is hiring
*** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which…
Wheat rises after Egypt’s rare purchase of US cargo
Wheat rises after Egypt’s rare purchase of US cargo: Chicago futures wheat rose on Monday after Egypt’s General Authority for…
House looks at legislation which could cut down on Egypt’s int’l arbitration cases
LEGISLATION WATCH- House mulls legislation that could make it easier to clear Egypt’s arbitration backlog: The House of Representatives’ Legislative…
Egypt in talks with Chinese investor to build solar panel factory in Aswan
INVESTMENT WATCH- Military Production Ministry in talks with Chinese investors on USD 1 bn solar panel plant: The Military Production…
Enara wants to invest USD 200 mn to sell solar power direct to Egypt consumers
INVESTMENT WATCH- Enara wants to invest USD 200 mn to sell solar power direct to consumers: Enara Capital is lining…
Egyptian Exchange boss Farid says global volatility risks countries adopting “inward-looking” growth models
** #6 Global economic volatility could force countries to adopt “inward-looking,” consumer-driven growth models, says Farid: Global economic volatility could…
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