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World Bank approves USD 500 mn loan to fund Egypt K-12 education reforms
The World Bank has approved a USD 500 mn loan to support Egypt’s national strategy to develop K-12 education, Investment…
Parliament committees pass Upper Egypt Development Authority legislation, Cyber Crimes Act clauses on user data
LEGISLATION WATCH- There will soon be a new authority to drive development in Upper Egypt. Parliament’s Local Administration Committee approved…
Saleh El Sheikh appointed as new head of CAOA, deputy planning minister
MOVES- Saleh El Sheikh was appointed as the new head of the Central Authority for Organization and Administration (CAOA), Al…
Earnings watch: Orascom Construction
EARNINGS WATCH- Orascom Construction (OC) reported net income attributable to shareholders increasing by 61.2% y-o-y of USD 78.5 mn in…
Matouk Bassiouny name partner advised on legislation establishing EGP 200 bn sovereign wealth fund
Matouk Bassiouny advised on legislation establishing EGP 200 bn sovereign wealth fund: Matouk Bassiouny’s head of finance and projects and…
Three Egyptian law firms get nods from Global Arbitration Review’s list of top 100 law firms
Three Egyptian law firms have won nods in Global Arbitration Review’s list of top 100 law firms for international arbitration…
Disney extends contracts with Egyptian companies manufacturing its products until December 2019
Disney extends contracts with Egyptian companies manufacturing its products until December 2019: The Walt Disney Company has given Egyptian companies…
Why aren’t ratings agencies seeing the same picture as investors when it comes to Egypt?
Why aren’t ratings agencies seeing the same picture as investors when it comes to Egypt? “Egypt is bucking the conventional…
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