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Mohamed Abdel Wahab tapped as new head of Egypt’s GAFI
MOVES- Prime Minister Moustafa Madbouly has tapped co-head of the General Authority for Investment (GAFI) and former Investment Ministry consultant…
FRA gives itself all regulatory power over industry in Insurance Act
LEGISLATION WATCH- Draft Insurance Act grants sweeping new powers to market regulator: The Financial Regulatory Authority (FRA) will be granted…
US’s CEVA looking to invest USD 2 bn in new capital medical complex
INVESTMENT WATCH- US’ CEVA looking to invest USD 2 bn in new capital medical complex: The US’ CEVA Animal Health…
Dana Gas confirms possible Egypt exit
Dana Gas confirms possible Egypt exit: Dana Gas is studying the possibility of selling its Egypt assets to focus on…
Cabinet approves final customs package for car makers
EXCLUSIVE- Cabinet approves final amendments on auto manufacturing incentives package: The Madbouly Cabinet has approved final amendments to the Customs…
BofA sees “mildly more flexible” USD / EGP rate on the horizon for Egypt
BofA sees “mildly more flexible” USD / EGP rate on the horizon: The USD / EGP rate could be “mildly…
NI Capital to select quarterback for Sidpec stake sale in September
IPO WATCH- NI Capital to select quarterback for Sidpec stake sale in September: State investment bank NI Capital will announce…
ACCH to offer 20% stake under state privatization program
IPO WATCH- ACCH to offer 20% stake under state privatization program: Alexandria Container and Cargo Handling (ACCH) will offer 20%…
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