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Is gov’t hinting fuel prices could rise more than previously expected?
Is gov’t hinting fuel prices could rise more than previously expected? The Ismail Cabinet has reportedly been importing fuel at…
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UK government to provide USD 1.6 bn funding package to Carbon Holdings’ Tahrir plant -UK Investment Minister
EXCLUSIVE- The UK will be providing Carbon Holdings’ Tahrir Petrochemicals Corporation with “an unprecedented” USD 1.6 bn financing package through…
Changing of the guard at the CPA is not as exciting as we had hoped
Changing of the guard at the CPA is not as exciting as we had hoped: Consumer Protection Agency (CPA) head…
Al Ahly Capital completes acquisition of NBE’s livestock company
M&A WATCH- Arqaam Securities Brokerage completed Al Ahly Capital’s EGP 744 mn acquisition of 100% of the International Company for…
Arabia for Assets Management and Development to begin trading on the EGX after Arab Cotton Ginning demerger in two weeks
DEMERGER WATCH- Spinoff from Arab Cotton Ginning Co. to start trading in two weeks’ time. EGX-listed Arab Cotton Ginning will…
Eastern Company board agrees to list additional 4% on EGX under privatization program
IPO WATCH- Eastern Company board agrees to list additional 4% on EGX under privatization program: Eastern Tobacco’s board has agreed…
Egypt repays USD 40 mn in dues to UAE’s Dana Gas
The UAE’s Dana Gas announced yesterday that it received USD 40 mn in payments from the Egyptian government, bringing total…
EFG acquires four schools in EGP 1 bn transaction from TMG, GEMS tapped as operator
INVESTMENT WATCH- EFG acquires four schools in EGP 1 bn transaction from TMG, GEMS tapped as operator: EFG Hermes acquired…
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