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Orascom inaugurates MATS plant in Alexandria
Orascom Construction (OC) announced it has completed a Multipurpose Applications by Thermodynamic Solar (MATS) plant in Borg El Arab in…
Speed Round
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Oil Ministry to decommission Höegh Gallant’s FSRU in mid-2018
The Oil Ministry is reportedly planning to end its five-year contract for the Höegh Gallant FSRU in mid-2018, EGAS sources…
Mars sees Egypt becoming its production hub for the MENA region in the near future
Mars Wrigley Confectionery sees Egypt becoming its production hub for the MENA region in the near future, Vice President of…
Banque du Caire IPO will not take place before 4Q2018
IPO WATCH- Banque du Caire IPO will not take place before 4Q2018: “We expect to finalize the initial public offering…
Smart policy: Finance Ministry could grant full tax exemptions to SMEs under certain conditions
One of the smartest policy proposals we’ve heard: The Finance Ministry hinted that it would be willing to grant SMEs…
Customs Act lowers tariffs on capital goods to 2% from 5%
LEGISLATION WATCH- The new Customs Act would slash customs duties on capital goods to 2% from a current 5%, Customs…
House to begin plenary hearings on Auctions and Tenders Act this week
LEGISLATION WATCH- The House of Representatives is expected to begin plenary discussions on the Auctions and Tenders Act next week,…
Cabinet grants final approval to Pharma Regulator Act, sets cotton supply prices
LEGISLATION WATCH- Pharma Regulator Act gets final sign-off from Cabinet: The Ismail Cabinet approved yesterday the Pharma Regulator Act after…
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