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Investors union, EGAS to look at lower gas prices for industry
Could natgas prices for factories be liberalized? Long-term demands from factories for lower gas prices will be considered by a…
Raya close to offloading recycling subsidiary BariQ
M&A WATCH- Raya Holding looks poised to sell the entirety of its recycling subsidiary BariQ to an unnamed foriegn investor…
Amsterdam e-payment company Adyer expands into Egypt, Middle East
Amsterdam-based e-payment platform Adyen is expanding to the Middle East, including Egypt, where it plans to integrate with Fawry and…
FRA granted sweeping powers as Unified Insurance Act gets cabinet approval
CABINET WATCH- Market regulator a step closer to getting sharper teeth as cabinet approves Unified Insurance Act: New extensive powers…
Earnings watch: Rameda, Edita, Sarwa, CI Capital, Amer Group
EARNINGS WATCH- Rameda profits soar in 3Q2020: Rameda Pharma reported 134% bottom line growth during 3Q2020, with net profits rising…
NUCA waives fines on late installments for one month
Property owners are getting a one-month reprieve from late payment fines for properties developed by the New Urban Communities Authority…
Endeavor has Teranga in its sights for second West Africa gold merger
Sawiris-backed Endeavour Mining continues quest to become West Africa’s gold king: Canada’s Endeavour Mining is in talks over a merger…
SMEs to receive EUR 220 mn green funding boost from EBRD
Egyptian SMEs who want to go green could be in line for a piece of EUR 220 mn in financing…
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