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Egypt’s CIRA to acquire 60% of the UAE’s Starlight Education
M&A WATCH- CIRA to acquire 60% of the UAE’s Starlight Education: Leading private-sector education provider Cairo for Real Estate and…
Egypt hopes to reach a non-loan program agreement with IMF before October
Egypt is in talks with the IMF for a non-loan program and hopes to reach an agreement by October, Finance…
Egypt breaks silence on US Mideast economic plan
Egypt breaks silence on US Mideast economic plan: Egypt will attend this week’s Bahrain conference on Palestinian economic development to…
Egypt’s state-owned companies given the green light to hire investment banks for land sales
EXCLUSIVE- Public Enterprises Ministry gives gov’t companies green light to hire investment banks for land sales: Several state-owned companies are…
Euroclear delegation in Egypt to wrap up procedures making debt “euroclearable”
EXCLUSIVE- Euroclear is in Egypt to wrap up procedures that will make EGP-denominated debt “euroclearable”: A delegation from Euroclear is…
House approves FY2019-2020 state budget
LEGISLATION WATCH- The FY2019-2020 budget has cleared the House. The House of Representatives has approved the FY2019-2020 state budget, which…
Egypt’s state-owned SIDPEC stake sale preparations underway
Sidpec stake sale preparations underway: Preparations are underway to kickstart the bookbuilding process of a 30% stake sale in Sidi…
Egypt signs agreement for Mercedes-Benz to bring its automotive assembly to the SCZone
Mercedes-Benz to jump back into auto assembly in Egypt through SCZone: Trade and Industry Minister Amr Nassar signed yesterday an…
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