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Is the Electricity Ministry looking to ditch Egypt’s feed-in tariff program in favor of an IPP framework?
Is the Electricity Ministry looking to ditch the feed-in tariff program in favor of IPP framework? The Egyptian Electricity Transmission…
Cabinet approves proposed amendments to Egypt’s Competition Act
CABINET WATCH- The Madbouly Cabinet approved yesterday proposed amendments to the Competition Act (or Antitrust Act) that are meant to…
Egypt’s Nassef Sawiris sells shares in Switzerland’s LafargeHolcim
Nassef Sawiris sells USD 68 mn of shares in LafargeHolcim: Nassef Sawiris sold off USD 67.5 mn-worth of shares he…
EDF looking to sell Edison’s Egypt exploration and production assets
Potential bidders for Edison’s Egypt assets line up ahead of expected close this month: France’s EDF is looking to sell…
Manfoods to invest EGP 250 mn in Egypt in 2019
INVESTMENT WATCH- Manfoods to invest EGP 250 mn in Egypt in 2019: Manfoods, which holds the franchise for McDonald’s, is…
Finance Ministry drafts “more realistic” comprehensive debt strategy, raises Egypt’s public debt targets
EXCLUSIVE- FinMin completes drafting “more realistic” comprehensive debt control strategy, raises public debt targets: The Finance Ministry has completed drafting…
IFC aims to invest USD 5 bn in Egypt over the next 5 years
INVESTMENT WATCH- Meanwhile, the World Bank’s International Finance Corporation (IFC) aims to invest USD 5 bn in Egypt over the…
World Bank sees Egypt growth accelerating 0.2% faster this year
World Bank sees Egypt growth accelerating 0.2% faster this year: The World Bank sees Egypt’s economic growth accelerating 0.2% faster…
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