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Egypt among 10 countries facing a collective USD 1 tn funding gap for infrastructure
Egypt among 10 countries facing a collective USD 1 tn funding gap for infrastructure: Egypt was among 10 African countries…
SPEED ROUND
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SPEED ROUND
House approves law shielding senior military officials from prosecution
LEGISLATION WATCH- House approves law shielding senior military officials from prosecution: The House of Representatives passed a law that establishes…
Planning Ministry prepares first draft of legislation regulating electronic payments
LEGISLATION WATCH- Planning Ministry has finished drafting legislation to encourage non-cash payments: The Planning Ministry has completed the first draft…
State privatization program timeline could roll out before the end of next week; look for Eastern stake sale and ENPPI listing to lead in September and October
EXCLUSIVE- State privatization program timeline could roll out before the end of next week: The government committee tasked with oversight…
PMI sees business conditions in non-oil private sector improving only slightly last month
Business conditions in the non-oil private sector appear to have improved only slightly last month, “signalling a deterioration in [its]…
Compass completes acquisition of 100% of Designopolis from Qalaa
M&A WATCH- Compass completes acquisition of 100% of Qalaa’s Designopolis: Sky Realty Holding Ltd, a subsidiary of Compass Investment, acquired…
Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as part of five-year IPO program
IPO WATCH- Qalaa to list shares of TAQA Arabia and the parent company of ERC before end of 2019 as…
Mohamed Abdel Kader appointed head of Citigroup’s Egypt country officer
MOVES- Mohamed Abdel Kader has been appointed as Citigroup’s Egypt country officer, Reuters reports. Abdel Kader “has been serving as…
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