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PE giant Actis to expand USD 1 bn Africa energy portfolio
INVESTMENT WATCH- PE giant Actis is looking to expand its USD 1 bn investment portfolio in energy projects in Africa,…
Bloomberg wonders whether Fawry shares are overvalued
Bloomberg wonders whether Fawry shares are overvalued, asking whether there’s still gas in the tank after a 300% appreciation that…
Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt
M&A WATCH- Bahrain’s Bank ABC confirms early talks to acquire Blom Bank Egypt: Bahrain’s Arab Banking Corporation (Bank ABC) has…
Salah Diab faces new charges of illegal factory purchase
Businessman Salah Diab is facing fresh charges that he acquired the EGP 70 mn Queen Wooden Products Factory in 2013…
El Sisi ratifies law redrawing electoral constituencies
LEGISLATION WATCH- President Abdel Fattah El Sisi ratified on Monday a bill redrawing Egypt’s electoral districts into 143 single-member constituencies…
Government to establish vocational schools accreditation authority
REGULATION WATCH- Government to establish vocational schools accreditation authority: The ministers of education and manpower met yesterday to discuss legislation…
FinMin ups discounts on consumer goods to boost spending
FinMin ups discounts on consumer goods to boost spending: Ration card holders will receive a 14% discount on goods covered…
EBRD could support small-caps facing new sponsor regs
Nilex companies could get a hand from the EBRD in move designed to draw interest to the small-cap exchange: The…
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