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Court suspends trial of Regeni murder suspects
Making headlines globally was the suspension of the trial of four Egyptian security officials accused by Italian prosecutors of killing…
THIS EVENING: Egypt, Greece to build subsea cable + High-speed rail line is on “fast track.” ALSO: Flames put out at El Gouna Film Festival Venue
…and that’s a wrap on what has felt like a particularly long Wednesday, ladies and gentlemen. We’ll be back in…
THIS MORNING: Fed to dial back stimulus by year’s end + OPEC+ is expected to open the pumps when it meets on Wednesday
Good morning, wonderful people, and welcome to the final days of August. We have a busy news morning for you,…
NBFS player MLF plans to increase portfolio to EGP 2 bn in coming year
Non-banking financial services player MLF Finance is seeking to double the size of its portfolio to EGP 2 bn by…
Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
ODH sells affordable housing arm
An unnamed UK-based fund has acquired 100% of New City Housing and Development for EGP 365 mn, Al Mal reports…
ODH offloading affordable housing arm
Orascom Development Egypt’s (ODH) board has approved plans to sell the company’s 35% stake in affordable homes builder New City…
Matouk Bassiouny & Hennawy to advise on ODH’s sale of Orascom Housing Communities
APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of…
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