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Gov’t gets sharper teeth against unsustainable agriculture practices
LEGISLATION WATCH- Gov’t gets sharper teeth in clampdown on unsustainable agriculture practices: The House of Representatives voted to approve amendments…
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Abraaj challenges could delay planned IPO or sale of North African hospitals
Abraaj’s challenges could push it to delay the IPO or sale of its North African hospitals business, people with knowledge…
Canada’s Second Cup to invest USD 20 mn in Egypt in the next five years
INVESTMENT WATCH- Canada’s Second Cup Coffee Company is planning to invest USD 20 mn in Egypt over the coming five…
Austria’s Mondi Paper Sales reportedly acquires National Paper Products in EGP 500 mn transaction
M&A WATCH- Austria’s Mondi Paper Sales has reportedly acquired the National Paper Products Company for EGP 500 mn, sources said…
Debate on 2018-19 budget resumes
BUDGET WATCH- Committee-level debate of the FY2018-19 budget resumed yesterday at the House of Representatives, according to Al Mal. The…
Egypt planning to launch tender for development of touristic projects along its coastlines
Tourism Minister Mashat tells Bloomberg that Egypt is set to drive development of tourism projects along coastlines: Egypt will be…
International lenders team up to support Egypt’s USD 1.2 bn natural gas connection project
International lenders teamed up to support Egypt’s USD 1.2 bn natural gas connection project: It looks like the World Bank,…
Egypt looks to attract USD 10 bn in new foreign investment in oil and gas sector for next budget year
And speaking of EastMed gas, Egypt is looking to attract as much as USD 10 bn in new foreign investment…
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