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Egypt requests USD 2 bn in funding from the World Bank
EXCLUSIVE- Egypt requests USD 2 bn in funding from the World Bank: The Madbouly government has put in a request…
Correction
CORRECTION- We had incorrectly noted that the tax on sales revenues for every company operating in Egypt to fund the…
Cairo ranked cheapest in Middle East for expats: Mercer report
Cairo is the least expensive city in the Middle East for expats, according to an annual cost of living survey…
Is the government reconsidering eligibility for commodity subsidies?
Is the government reconsidering eligibility for commodity subsidies? A ministerial committee, which includes the ministers of supply, finance, and military…
The Press and Media Act contains plenty that is unconstitutional
LEGISLATION WATCH- The Press and Media Act contains plenty that is unconstitutional, says Maglis El Dawla: The Council of State…
GB Lease completes first securitized bond issuance
GB Auto subsidiary GB Lease announced completing its first securitized bond issuance on Monday (pdf). The company will use the…
Orascom Construction grows 2Q2018 backlog, reportedly eyes Iraq power plant opportunity with Siemens
Orascom Construction added USD 650 mn worth of new contracts to its backlog in 2Q2018 from Egypt and the US,…
Talks on Armed Forces’ USD 2 bn integrated solar panel factory stall on disagreements with Chinese partner?
INVESTMENT WATCH- Talks on Armed Forces’ USD 2 bn integrated solar panel factory stall on disagreements with Chinese partner? Negotiations…
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