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Elsewedy subsidiary to develop SCZone area for estimated EGP 10 bn
INVESTMENT WATCH- Elsewedy to develop EGP 10 bn industrial zone in SCZone: An Elsewedy Electric subsidiary has signed a contract…
Egypt’s Carbon Holdings secures USD 1.25 bn for petrochemical complex
INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex after…
BP and Mubadala Petroleum buy stakes in Egypt’s Nour concession
INVESTMENT WATCH- BP buys 25% stake in Eni’s Nour concession: BP has acquired a 25% stake in the Nour concession…
Egypt signs financing, cooperation agreements at Africa 2018 Forum as El Sisi vows to support African development
INVESTMENT WATCH- Summing up the morning is a piece from Reuters on news of a USD 1 bn loan to…
Nabil Dweidar appointed interim head of Holding Co for Maritime and Land Transport
MOVES- Public Enterprises Minister Hisham Tawfik has appointed Nabil Dweidar as the interim head of the Holding Company for Maritime…
Italy offers economic support despite Regeni drama
Italy showing Egypt love despite Regeni tensions: Investment Minister Sahar Nasr has signed a EUR 45 mn agreement with Italian…
Egypt’s food exports expected to decline 3% by end-2018
Food exports are expected to decline 3% by the end of this year, rather than grow 10% as was expected…
Egypt working on amendments to trademark law to protect investors, consumers
LEGISLATION WATCH- Expect amendments to the trademark law? The Internal Trade Development Authority is working on amendments to the trademark…
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