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Egypt looks to hire international inspectors to examine agricultural cargo marked for export
The Agricultural Exports Council is looking to hire Spanish or Dutch inspectors to examine Egyptian cargo for residual pesticides before…
Speed Round
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El Sewedy Electric subsidiary awarded tender for electricity transmission lines
A subsidiary of El Sewedy Electric was awarded the tender to provide electricity transmission lines connecting Borg El Arab with…
NMC in talks to acquire Alameda Health Care
M&A WATCH- UAE-based hospital group NMC Healthcare is reportedly in talks to acquire Alameda Healthcare, sources told Al Mal. Fahad…
AT Lease shares begin trading on the EGX
IPO WATCH- Al Tawfik Leasing Co. (AT Lease) shares officially start trading on the EGX today, making it the single…
EBRD lends Egypt USD 200 mn to improve natural gas infrastructure
The European Bank for Reconstruction and Development (EBRD) is lending Egypt USD 200 mn to “finance the modernization of selected…
EFG Hermes targets 1,000 MW in renewable energy output by 2020
Correction- Our friends at EFG Hermes got in touch to tell us they are targeting the production of 1,000 MW…
Ezzat Ibrahim appointed as Ahram Online’s editor-in-chief
MOVES- Al-Ahram journalist Ezzat Ibrahim has been appointed as Ahram Online’s new editor-in-chief, the paper reports. Ibrahim is the current…
Veg oil reserves are enough to meet consumption for three months, sugar for five
Veg oil reserves are enough to meet consumption for three months, sugar for five: Egypt’s strategic vegetable oil reserves are…
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