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LEGISLATION WATCH- Tougher penalties for stealing electricity, failure to provide services under new legislative amendments: The House Legislative Committee approved…
Eight companies have received licenses to provide non-banking financial services this year from the Financial Regulatory Authority (FRA), according to…
M&A WATCH- Media Production City increases holdings in Arab Hotel Company: State-owned Egyptian Media Production City (EMPC) has acquired a…
M&A WATCH- Speed Medical to acquire City Labs by the end of the year: Speed Medical (SPMD) will wrap up…
Give us 3-4 months to prepare for natgas transition, auto firms tell Trade Ministry: Toyota, Al Amal, and Modern Motors…
HSBC sees the Egyptian economy growing at a 2.5-3% clip in FY2020-2021 as strong economic fundamentals help the country weather…
MOVES- The UK’s CDC Group has appointed Sherine Shohdy (LinkedIn) as its new coverage director in Egypt, establishing a “permanent…
STARTUP WATCH- Egyptian fintech startup ElGameya has raised an undisclosed six-figure investment in a pre-seed round led by AUC Angels,…
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