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DPI partners with GB Auto on Mashroey and Tasaheel
M&A WATCH- DPI partners with GB Auto on Mashroey and Tasaheel: Africa-focused private equity firm Development Partners International (DPI) is…
SPEED ROUND
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Court drops final lawsuit against Ahmed Ezz on money laundering charges
Court drops final lawsuit against Ahmed Ezz on money laundering charges: The Cairo Criminal Court issued yesterday a decision dismissing…
El Sisi taps former Air Defense commander to head AOI
MOVES- El Sisi taps former Air Defense commander to head AOI: President Abdel Fattah El Sisi tapped yesterday Abdel Moniem…
Egypt seeks USD 2 bn in funding for education reform
Egypt seeks USD 2 bn in funding for education reform: The government is apparently holding talks with international development partners…
AIND reports net profit EGP 41.1 mn in 1H2018
EARNINGS WATCH- Arabia Investments & Development Holding (AIND) reported a net profit after tax of EGP 41.1 mn in 1H2018,…
Nabq Sinai looks toward end-2018 IPO
IPO WATCH- Nabq Sinai plans to list and sell shares only to Egyptians: Nabq Sinai for Hotels is planning to…
Gov’t to have automotive directive ready by the fall
LEGISLATION WATCH- We’ve heard this one before — gov’t to have automotive directive ready by the fall: The Trade and…
Changes to import/export regulations and industry coming
Changes to import/export regulations and industry coming? The Trade and Industry Ministry will look to amending Egypt’s import/export strategy “to…
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