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ACDIMA Pharma Chairman steps down citing differences with shareholders
MOVES- Chairman Ahmed Hegazy has resigned from his position as chairman of October Pharma, sources close to the company told…
Madbouly directs officials to speed up overdue payments for Egyptian exporters
Madbouly directs officials to speed up overdue export subsidy payments: Larger exporters will receive an additional 10% of their outstanding…
Damietta LNG plant operator Union Fenosa Gas still wants its USD 2 bn
DISPUTE WATCH- The Damietta plant probably isn’t going to be opening in a few weeks: The dispute between the Egyptian…
Elsewedy-Schenker-3A consortium awarded contract to build Egypt’s 6 October dry port
CABINET WATCH- Elsewedy-Schenker-3A consortium awarded Sixth of October dry port tender: A consortium of Elsewedy Electric, Schenker Egypt, and 3A…
Legislative amendments to widen VAT tax base eightfold -Maait
EXCLUSIVE- VAT Act amendments to widen tax base eightfold- Maait: In-the-works amendments to the VAT Act will aim to increase…
CBE green-lights First Abu Dhabi Bank due diligence on Bank Audi
M&A WATCH- CBE green-lights First Abu Dhabi Bank due diligence on Bank Audi: The Central Bank of Egypt (CBE) has…
CI Capital says it has 4 EGX IPOs in the pipeline for this year
IPO WATCH- CI Capital says it has 4 EGX IPOs in the pipeline for this year: Investment bank CI Capital…
BdC scraps plans for dual listing
IPO WATCH- BdC scraps plans for dual listing: Banque du Caire (BdC) does not have plans to list on a…
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