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House Industry Committee looking to encourage increasing domestic component quotas in Industry Act
LEGISLATION WATCH- House Industry Committee wants to raise minimum domestic content needed for anything to qualify as “made in Egypt.”…
Speed Round
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Council of State to refer Customs Act back to Cabinet next week
LEGISLATION WATCH- The Council of State (Maglis Al Dawla) is reportedly expecting to refer the new Customs Act back to…
A copy of the Ride-Hailing Apps Act just got leaked to the press
LEGISLATION WATCH- A copy of the Ride-Hailing Apps Act has leaked to the press: The current draft of the Ride-Hailing…
Egyptera to meet in two weeks to discuss pricing formula for July power bill hike
Egyptera to meet in two weeks to discuss pricing formula for July power bill hike: The Egyptian Electric Utility and…
Fine Hygienic Holding appoints James Michael Lafferty as new CEO
MOVES- Paper products outfit Fine snags globally experienced exec as new CEO: Fine Hygienic Holding has appointed globally experienced exec…
Looks like TE might be going after OTMT’s MENA Cables after all
M&A WATCH- It looks like TE might be going after OTMT’s MENA Cables after all. Telecom Egypt said it is…
Investors acquire 100% of Arab Finance
M&A WATCH- A group of investors have acquired 100% of retail-focused brokerage Arab Finance, according to a company release. The…
EFG Hermes receives green light to launch factoring business, plans to bring it online by 3Q2018
EFG Hermes has received regulatory approval to offer factoring services in the Egyptian market this year. The company announced yesterday…
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