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FRA moving to activate futures exchange
FRA is inching toward a green light for the launch of a futures exchange: The Financial Regulatory Authority (FRA) finalizing…
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Egypt looks into slashing fees for e-vehicle licensing, registration
EXCLUSIVE- Gov’t looks to slash fees for e-vehicle licensing, registration: The government is mulling whether to cut licensing and registration…
Ride hailing companies’ drivers plan strike demanding better fares and service conditions
Some drivers for ride-hailing companies are threatening to strike: Some drivers for ride-hailing companies Uber and Careem are reportedly planning…
Emaar Misr denies MNHD acquisition talks
M&A WATCH- Emaar Misr says not looking to acquire MNHD: Emaar Misr for Development has denied it is in talks…
EBRD earmarks USD 100 mn for female entrepreneurs in Egypt
INVESTMENT WATCH- The EBRD has earmarked USD 100 mn to support SMEs run by Egyptian women, Regional Principal Manager for…
Eni looking to invest up to USD 1 bn in solar power projects in Egypt
INVESTMENT WATCH- Eni looking to invest up to USD 1 bn in solar power projects: Italy’s Eni has resumed negotiations…
Egypt could hedge against strategic commodity prices in FY2019-20
EXCLUSIVE- Egypt is mulling whether to hedge against rising prices of strategic commodities starting July, a senior government official told…
Proposed constitutional amendments could see El Sisi hold office until 2034
Proposed constitutional amendments could see president hold office until 2034, reconstitute Shura Council as “Council of Senators”: The constitutional amendments…
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