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Tourism Ministry expecting 2 mn Russian tourists this year
The Tourism Ministry is expecting 2 mn Russian tourists to visit the country this year, an source in the ministry…
Speed Round
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Egypt pays USD 700 mn in debt owed to Paris Club
Egypt paid back USD 700 mn in debts it owed to the Paris Club this week, the central bank announced…
Linklater, ZHP to advise banks on eurobond issuance
Linklater LLP and Zaki Hashem & Partners have been chosen as legal advisors to the banking consortium that will manage…
Car dealers see car prices decreasing slightly, if at all, in 2018
Car dealers and distributors expect auto prices to decrease only slightly — if at all — in 2018, a number…
Zahran Group begins restructuring ahead of M&A with Groupe SEB in 2Q2018
M&A WATCH- Zahran Group begins restructuring ahead of merger with Groupe SEB in 2Q2018: Zahran Group has spun-off its real…
Consortium including Arafa Group, Dice bids for USD 324 mn Minya textile city project
INVESTMENT WATCH- Consortium including Arafa, Dice bids for USD 324 mn Minya textile city project: A consortium that includes Arafa…
Abraaj mulling healthcare listing on LSE and NYSE
IPO WATCH- Is emerging markets private equity giant Abraaj looking to list its Middle East healthcare subsidiaries in London or…
House gives preliminary nod to Bankruptcy Act
LEGISLATION WATCH- House gives preliminary nod to Bankruptcy Act: The House of Representatives gave a preliminary nod to the Bankruptcy…
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