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House of Representatives preliminarily approves National Press Authority bill
LEGISLATION WATCH- The House of Representatives gave preliminary approval yesterday the National Press Authority bill and referred it to the…
SPEED ROUND
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SPEED ROUND
Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis
Property developers are looking to deregulation of the energy market to provide them with new recurring revenue streams: Heliopolis Housing…
Starting today, banks and other financial institutions will be allowed to establish mutual funds
REGULATION WATCH- As of today, banks and other financial institutions will be allowed to establish mutual funds, as per a…
EGP 70 bn overdraft will not impact budget deficit - El Garhy
BUDGET WATCH- Overdraft won’t blow budget deficit target, El Garhy says. Some EGP 70 bn in overdraft spending for the…
Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn
M&A WATCH- Egyptian private equity firm Omega Capital made an offer to acquire 20% of British Egyptian Company for General…
EAEF investments in Egypt grow to USD 130 mn in 2017
Our friends at the Egyptian American Enterprise Fund (EAEF) reported that their investments in Egypt reached USD 130 mn as…
Israel’s Delek could invest up to USD 200 mn to gain access to subsea natural gas pipeline to Egypt’s Sinai
Israel’s Delek could invest up to USD 200 mn to gain access to EMG’s subsea natural gas pipeline to Egypt’s…
EXCLUSIVE- SMEs could get a massive tax break if they join the formal economy
EXCLUSIVE- SMEs could get a massive tax break if they join the formal economy: A Finance Ministry committee tasked with…
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