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GB Auto lands Goodyear tire distribution rights in Egypt
EGX-listed GB Auto has landed distribution rights for Goodyear tires in Egypt as the American tire manufacturer looks to expand…
OIH eyeing investment partnership with the Sovereign Fund of Egypt
OIH eyes investment partnership with the Sovereign Fund of Egypt: Orascom Investment Holding — post-horizontal demerger — is considering making…
Don’t expect a tax hike despite the covid-induced hit to state revenues
EXCLUSIVE- Don’t expect a tax hike despite the covid-induced hit to state revenues: The government was left with a EGP…
STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement
M&A WATCH- STC, Vodafone Group vow to continue acquisition talks after deadline expires without agreement: Saudi Telecom Company (STC) has…
Misr Italia appoints Sherif Saleh as co-CEO
MOVES- Sherif Saleh (Linkedin) has been appointed as co-CEO of Misr Italia Properties, according to Al Mal. Saleh is also…
EBRD approves USD 25 mn loan for Orascom Construction
The European Bank for Reconstruction and Development (EBRD) has approved a two-year USD 25 mn working capital loan to Orascom…
NTRA to offer additional frequencies to MNOs in coming days
NTRA to offer additional frequencies to MNOs in coming days: The National Telecom Regulatory Authority (NTRA) will offer the country’s…
Egypt slashes fines on wildcat building in 23 governorates
Gov’t slashes fines on wildcat building in 23 governorates: Local authorities have reduced fines paid to the government to settle…
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