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Egypt tops MENA FDI charts in 2019 with USD 13.7 bn
Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct…
Earnings watch: GSK turns profits in 1Q2020
EARNINGS WATCH- Glaxo SmithKline’s local subsidiary reported profits of EGP 33.1 mn in 1Q2020 after having recorded loses EGP 7.5…
Court postpones ruling on Raya dispute as founder Medhat Khalil seeks settlement
DISPUTE WATCH- Court postpones ruling on Raya-FRA dispute as founder Medhat Khalil seeks settlement: The Cairo Economic Court has postponed…
Egypt begins reviewing eligibility criteria for export subsidy program
The Trade Ministry has started a review of its export subsidy program and could widen the list of goods eligible…
House committee approves adding real estate taxes to unified platform
House Defense and National Security Committee, National Security Council, army LEGISLATION WATCH- House committee approves adding real estate taxes to…
Egypt’s Heliopolis Housing to finalize its new development plan this week
PRIVATIZATION WATCH- HHD’s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to…
Egypt remains most active VC market in MENA in 1H2020 -Magnitt
Egypt remained the most active venture capital market in MENA during 1H2020 with 25% of all transactions in the region,…
NI Capital in talks with Bank Audi for acquisition of Arabeya Online brokerage
M&A WATCH- NI Capital eyes Arabeya Online acquisition: State-owned investment bank NI Capital is in talks with Bank Audi to…
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