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Saudi-Egyptian Industrial Development Company to invest USD 40 mn in new sectors by end of 2020
INVESTMENT WATCH- The Saudi-Egyptian Industrial Investment Company (SEII) has earmarked USD 40 mn to invest by the end of 2020,…
FRA approves cuts to stock market fees
REGULATION WATCH- FRA approves cuts to stock market fees: The Financial Regulatory Authority’s (FRA) board of directors approved yesterday a…
Undeterred by protests, MENA fund managers plan to boost Egypt investments
MENA fund managers plan to boost their Egypt investments, seemingly undeterred by recent protests: MENA-based funds plan to increase their…
Cabinet signs off on USD 500 mn World Bank facility for Egypt’s social safety net
CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt’s…
Egypt’s El Sisi, Ethiopia’s Abiy Ahmed vow to end obstacles in GERD negotiations
El Sisi, Abiy Ahmed vow to overcome obstacles to successful GERD negotiations: President Abdel Fattah El Sisi and Ethiopia’s Prime…
El Sisi forms committee to work on Public Enterprises Act amendments
LEGISLATION WATCH- President Abdel Fattah El Sisi has formed a committee to work on amendments to the Public Enterprises Act,…
Administrative Court backs Trade Ministry’s steel import tariffs
Has the battle over steel tariffs finally been resolved? The High Administrative Court has overturned a court decision to freeze…
Egypt’s economy to grow at 5.8% clip in FY 2019-2020- World Bank
The World Bank has maintained its expectations that Egypt’s economy will grow at a 5.8% clip this fiscal year and…
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