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Government hikes fuel prices by c. 50%
Fuel price hikes came into effect over the long weekend: The government raised the price of fuel products by c.…
Madbouly government sworn in; we have new finance and trade ministers
Meet your new government: The cabinet of newly-appointed Prime Minister Mostafa Madbouly was announced and sworn into office on Thursday…
Egypt is safer than the US and the UK, the 2018 Global Law and Order Report finds
Egypt is safer than the US and the UK, according to a global ranking by Gallup. The 135-country survey saw…
EEHC signs USD 900 mn syndicated loan, underscoring foreign lenders’ appetite for Egypt
And speaking of electricity: The Egyptian Electricity Holding Company secured on Tuesday a USD 900 mn syndicated loan agreement, sources…
El Sisi defends 26% hike in electricity prices
El Sisi defends 26% hike in electricity prices: The government spends USD 18.6 bn on subsidies to cover fuel, food…
Pharma companies are using higher electricity prices as a pretext to call for a med price raise
Pharma companies are using higher electricity prices as a pretext to call for higher med prices: Pharma manufacturers are planning…
FRA rejects Cleopatra Hospital’s bid to acquire El Nozha
In other news from the FRA: The regulator has apparently rejected Cleopatra Hospitals’ bid to acquire El Nozha International Hospital,…
Listed companies will have to submit FS, auditor’s report to FRA at least a month before general assembly
Another day, another FRA regulatory change — this one gives you more paperwork to file ahead of your AGM: The…
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