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Cabinet green lights land grant program for industry
CABINET WATCH- Government to begin land grant program for industry: Cabinet greenlit at its weekly meeting on Thursday presidential decrees…
Meet MIHC Chairman Basel El Hini
EXCLUSIVE- Meet MIHC Chairman Basel El Hini: Just five weeks into a mandate to reposition the state-owned giant, Misr Insurance…
FinMin to work with Egypt’s banks on mitigating the impact of the new tax treatment
EXCLUSIVE- Tax officials spreading oil on troubled waters after flap over tax treatment of bank holdings of gov’t debt: Tax…
Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
Egypt’s Elsewedy, Afreximbank ink USD 500 mn loan agreement
Elsewedy, Afreximbank ink USD 500 mn loan agreement: Elsewedy Electric signed a USD 500 mn loan agreement with the African…
What we’re tracking this week and beyond
Elsewedy Electric and Arab Contractors will sign tomorrow final contracts for a USD 3 bn, 2.1 GW hydroelectric dam in…
ITFC to give Egypt another USD 3 bn for essential imports before end-2019
Egypt lands USD 3 bn to help finance essential imports: The International Islamic Trade Finance Corporation (ITFC) will lend Egypt…
EBRD to invest EUR 2.5 bn in Egypt over two years
INVESTMENT WATCH- EBRD to invest EUR 2.5 bn in Egypt over two years: The European Bank for Reconstruction and Development…
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