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SCZone investor incentives could be ready by next month
LEGISLATION WATCH- SCZone investment incentives could be ready by next month: A package of economic and regulatory incentives being prepared…
Abu Dhabi sovereign wealth fund invests USD 1 bn in LuLu’s Egypt expansion
INVESTMENT WATCH- Abu Dhabi’s sovereign wealth fund ADQ Holding will invest USD 1 bn in retailer LuLu’s Egypt expansion, the…
Private sector buys 40k qintars of cotton under new auction system
Private-sector companies bought nearly 40k qintars of cotton since the launch of the state’s new auction-based cotton trading system, which…
Diplo + Foreign Trade on 11 October 2020
Topping diplomacy news this morning: Egypt’s maritime border demarcation agreement with Greece got signoff from President Abdel Fattah El Sisi…
Unnamed Arab sovereign fund eyes Egypt’s Ismailia for Agricultural Investments in potential EGP 3 bn acquisition
M&A WATCH- An unnamed Arab sovereign wealth fund is looking to acquire 75-100% of Ismailia Agricultural and Industrial Investments for…
Egypt in the News on 27 September 2020
Topping coverage of Egypt in the foreign press this morning: Egypt returned the bodies of two Palestinian fisherman to Gaza…
Greek company to invest USD 100 mn in new industrial zone
An unnamed Greek company is investing USD 100 mn to set up an industrial zone in El Wadi El Gedid…
Beheira and Sharqia to hold cotton auctions until 15 December 2020
A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be…
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