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Golf International Hospital closing in on acquiring Al Masah Hospital for EGP 45 mn
M&A WATCH- Heliopolis-based Golf International Hospital (GIH) is closing in on a EGP 45 mn acquisition of Al Masah Hospital,…
Speed Round
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FRA looking to cut fees for listing, clearing in the offing
REGULATION WATCH- FRA looking to cut fees for listing, clearing: An advisory committee to the Financial Regulatory Authority (FRA) met…
Eight law firms vying for gig as legal advisor on state privatization program
IPO WATCH- Eight Egyptian law firms are reportedly vying for the role of legal advisor to the government’s privatization program,…
Arabtec Construction wins USD 43 mn contract to develop two phases in Emaar’s Uptown Cairo
In other news from the real estate sector, Emaar Misr has awarded Dubai-based Arabtec Construction a USD 43 mn contract…
SODIC plans to invest up to EGP 1 bn to grow its land bank this year
INVESTMENT WATCH- SODIC plans to invest up to EGP 1 bn to grow its land bank this year: Our friends…
Boeing looks at opening a regional office in Cairo
INVESTMENT WATCH- Boeing looks at opening regional office in Cairo: Speaking of cooperation with the private sector, Boeing is considering…
Military says it’s not crowding out the private sector
Military says it’s not crowding out the private sector: The Military Production Ministry is not competing with the private sector,…
Electricity Ministry to recommend power prices rise up to 55% in July; stay tuned for political theatre
Electricity prices set to rise by as much as 55% come July? Speculation about how far electricity prices will rise…
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