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President Abdel Fattah El Sisi signs into law amendments to the Agriculture Act
LEGISLATION WATCH- President Abdel Fattah El Sisi has signed into law amendments to the Agriculture Act that give the government…
SPEED ROUND
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SPEED ROUND
Oil ministry to hold 2 international bid rounds for oil, gas exploration
The Oil Ministry will hold two international bid rounds for oil and gas exploration this year, with one bid covering…
Egypt’s non-oil industrial output climbs to EGP 145.3 bn in 3Q2017
Egypt’s non-oil industrial output climbed to EGP 145.3 bn in 3Q2017, according to a CAPMAS release. The release did not…
The Giftery has closed an investment round led by Springboard Investment Management
STARTUP WATCH- The Giftery has closed an investment round led by Springboard Investment Management (LinkedIn | website), the two parties…
India’s Dhunseri buys ECHEM’s stake in Egypt joint venture
INVESTMENT WATCH- India’s Dhunseri Petrochem has bought the Egyptian Petrochemicals Holding Company (ECHEM)’s share of their joint venture, the Egyptian…
Misr Insurance EGM signs off on potential EGX listing
IPO WATCH- Misr Insurance EGM signs off on potential EGX listing: An extraordinary general meeting of Misr Insurance Holding Company…
Telecom Egypt signs SPA for acquisition of OTMT’s MENA Cables
M&A WATCH- TE inks SPA for USD 90 mn acquisition of OTMT’s MENA Cables: Telecom Egypt (TE) subsidiary the Egyptian…
HSBC remains “fundamentally optimistic on Egypt’s near-term outlook”
HSBC remains “fundamentally optimistic on Egypt’s near-term outlook”: We like Simon Williams even when he’s not singing the economy’s praises,…
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