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Madbouly’s big presser steals the show
The privatization program, a lifeline for real estate developers, and golden licenses to industry dominated the conversation on last night’s…
More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
Could more industrial players gain access to government support programs?
First there were golden licenses for industry. Now, diamond and silver licenses are coming into play: Since the Madbouly government…
Industrial investors to get 6-month grace period from late delivery penalties
Gov’t to give industrial investors some breathing room: The Madbouly cabinet approved giving the Industrial Development Authority (IDA) the power…
A new subsidized loan program for industry and agriculture could be a lifeline for struggling businesses
! New subsidized loan program gives hope for a light at the end of the tunnel: A government decision to…
Industry and agriculture to get fresh subsidized loans at a higher 11% rate
Gov’t plans EGP 150 bn subsidized loan program for industry and agriculture: The Madbouly government is set to offer EGP…
Compass Capital cleared to do due diligence on Pachin. Plus: Speed Medical, ICMI make M&A headlines
Yesterday in M&A: Compass Capital got the green light to do due diligence on Egypt’s most sought-after paints company, Speed…
TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt
Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal…
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