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Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger
** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe…
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Capital Economics sees Egypt growth accelerating — and likes the idea of letting the EGP slide a bit through 2020
** #2 Capital Economics sees Egypt growth accelerating — and likes the idea of letting the EGP slide a bit…
Egypt competition watchdog warns Uber and Careem of fines up to EGP 500 mn each in case of merger
** #1 Competition watchdog warns Uber and Careem of fines up to EGP 500 mn each in case of merger:…
Saudi lands USD 50 bn in fresh investment at conference despite boycott after Khashoggi murder
Saudi lands USD 50 bn worth of new projects at investment conference despite boycott: Saudi Crown Prince Mohammed bin Salman…
Bassel El Hiny top candidate for top job at Egypt’s Misr Insurance Holding
MOVES- Bassel El Hiny (LinkedIn) is the frontrunner to become the chairman of state-owned Misr Insurance Holding Company (MIHC), sources…
Second government tender for Ras Sudr airport fails despite amended conditions
Gov’t again fails again to attract investors for EGP 2 bn Ras Sudr airport project: A government tender to develop…
Russian flights to Red Sea could resume by year’s end; House Economics Committee approves Russian Industrial Zone contracts
Could Russian flights to Red Sea resume before year’s end? Egypt’s Ambassador to Moscow Ihab Nasr said that is hoping…
Egyptian House of Representatives to debate tinkering with Investment Act, proposal to regulate ad industry loses steam, real estate developers could get state-sanctioned federation
** #7 LEGISLATION WATCH- Is the House looking to amend the Investment Act amid falling FDI? Worried about declining foreign…
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