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Infrastructure 
Train, metro fare hikes coming this month + military to build huge polyethylene facility
Metro and train fare hikes will likely be implemented later this month, in tandem with the government’s measures to expand…
A last-ditch effort to save Egyptian Iron and Steel?
Ukraine’s Vazhmash is serious about saving Egyptian Iron and Steel: Ukraine-based industrial player Vazhmash has fielded a “serious” offer to…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
EFG, SFE closing in on AIB acquisition + El Salhiya is on the block
The Sovereign Fund of Egypt and EFG Hermes look set to wrap up their acquisition of Arab Investment Bank this…
Hala wallah
The upcoming sale of military-owned Wataniya Petroleum is attracting more attention from GCC oil and gas companies, the local press…
More military companies up for privatization in “historic shift” for the economy
Three more military-affiliated companies will open up to private ownership in 2021, Sovereign Fund of Egypt CEO Ayman Soliman told…
Loss-making Egyptian Iron and Steel could be coming under military control
The Military Production Ministry may be about to take over Egypt Iron and Steel after industry insiders submitted a report…
UK’s CDC Group taps Sherine Shohdy as Egypt coverage director; Bassam Fayed appointed assistant tourism minister
MOVES- The UK’s CDC Group has appointed Sherine Shohdy (LinkedIn) as its new coverage director in Egypt, establishing a “permanent…