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Houston-based SPEC sues Egyptian Maintenance Company for USD 4.5 mn
Houston-based energy infrastructure manufacturer Specialty Process Equipment Corp. (SPEC) is suing the Egyptian Maintenance Company for allegedly failing to pay…
Other Business News of Note
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Other Business News of Note
Egyptian Iron and Steel Company to be developed under PPP agreements
The Public Enterprises Ministry will be entering public-private partnerships to execute the proposed development plan for the Egyptian Iron and…
Egypt’s GAFI requires companies to digitally submit registries and registration files
The General Authority for Investment (GAFI) has made it mandatory for private businesses to build digital versions of their registries…
Egypt to set up medical waste recycling facility JV with UAE-based company
The Military Production Ministry is planning to partner with Emirates Industrial Conversion Factory to establish a medical waste recycling facility,…
OIH-Prism JV agrees to negotiate settlement for sound and light show failure
A JV between Orascom Investment Holding (OIH) and Prism International has agreed to negotiate a settlement with the Sound and…
GTH postpones to 27 March GA meeting to vote on EGP 11.2 bn capital increase
EGX-listed Global Telecom Holding (GTH) has postponed to 27 March its general assembly meeting to vote for a capital increase…
Carbon Holdings signs logistics management MoU with Agility
Carbon Holdings has signed an MoU with logistics provider Agility that will see the latter manage logistics for Carbon’s industrial…
ODH enters agreement with Chairman Samih Sawiris for stake purchase in ASA
Orascom Development Holding (ODH) has entered an agreement to purchase an additional 1% and one share of Andermatt Swiss Alps…
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