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UAE looks to eliminate foreign ownership limits, extend residency visa duration,
UAE could eliminate foreign ownership limits, extend duration of residency visas: The UAE is expected to lift foreign ownership limits…
Speed Round
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Parliament will likely postpone discussions on rent control to October, drafts law on indebted women
LEGISLATION WATCH- House unlikely to discuss rent control law this legislative session: The House of Representatives is unlikely to discuss…
President Abdel Fattah El Sisi signs into law amendments to the Agriculture Act
LEGISLATION WATCH- President Abdel Fattah El Sisi has signed into law amendments to the Agriculture Act that give the government…
Oil ministry to hold 2 international bid rounds for oil, gas exploration
The Oil Ministry will hold two international bid rounds for oil and gas exploration this year, with one bid covering…
Egypt’s non-oil industrial output climbs to EGP 145.3 bn in 3Q2017
Egypt’s non-oil industrial output climbed to EGP 145.3 bn in 3Q2017, according to a CAPMAS release. The release did not…
The Giftery has closed an investment round led by Springboard Investment Management
STARTUP WATCH- The Giftery has closed an investment round led by Springboard Investment Management (LinkedIn | website), the two parties…
India’s Dhunseri buys ECHEM’s stake in Egypt joint venture
INVESTMENT WATCH- India’s Dhunseri Petrochem has bought the Egyptian Petrochemicals Holding Company (ECHEM)’s share of their joint venture, the Egyptian…
Misr Insurance EGM signs off on potential EGX listing
IPO WATCH- Misr Insurance EGM signs off on potential EGX listing: An extraordinary general meeting of Misr Insurance Holding Company…
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