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Three investors bidding for majority stake in Egypt’s Makkasa Sport
Misr for Central Clearing and Depository (MCDR) is considering three offers for its stake in Makkasa Sport — which owns…
Other Business News of Note
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Other Business News of Note
Who’s in the market for debt?
Arabia Investments leasing subsidiary UE Finance is negotiating with the Saudi Development Fund on the terms of a EGP 50…
Italy’s Sopria Holding to set up supermarket chain in Egypt
Egypt has signed an agreement with Italy’s Sopria Holding to set up a new Italian supermarket chain in Egypt, the…
Empower Egypt looks to produce fertilizer, energy from sugar beet waste
Waste-to-energy company Empower is close to signing agreements worth a combined EGP 350 mn with three unnamed sugar beet processing…
Clearance agents can now take out copies of their work history from all ports across Egypt
The Customs Authority has reversed a decision that required independent licensed clearance agents’ work to obtain copies of a document…
Porto, Amer Group determine their shares of USD 51.68 mn compensation payment from Syria’s Antaradous
Syrian tourism company Antaradous will pay out USD 36.6 mn in compensation to Porto Group and USD 15.1 mn to…
FRA rejects Sameem Capital request to disband Prime Holding’s board
The Financial Regulatory Authority (FRA) has rejected requests by shareholders to disband Prime Holding’s board of directors, according to a…
Agriculture Ministry to modernize irrigation systems in eight governorates
The Agriculture Ministry is working to modernize the irrigation systems used in eight governorates as part of government efforts to…
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