House gives preliminary nod to Food Cart Act
LEGISLATION WATCH- The House of Representatives has given preliminary approval of a Food Cart Act that would regulate the sale…
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LEGISLATION WATCH- The House of Representatives has given preliminary approval of a Food Cart Act that would regulate the sale…
LEGISLATION WATCH- FRA to complete draft of Insurance Act by month’s end, expects to see it out in 2H2018: The…
IPO WATCH- MG Developments is planning to list shares on the EGX by the end of 2019, marketing manager Aya…
M&A WATCH- OTMT and Inertia suspend acquisition talks: Orascom Telecom Media and Technology (OTMT) announced yesterday that it has decided…
Renaissance Capital MENA CEO Ahmed Badr believes Egypt’s central bank could slash interest rates by another 100 bps at its…
BUDGET WATCH- House budget debate leaks to Twitter overnight: Previously unreleased figures for the FY2018-19 budget, including details on subsidy…
The World Bank has approved a USD 500 mn loan to support Egypt’s national strategy to develop K-12 education, Investment…
LEGISLATION WATCH- There will soon be a new authority to drive development in Upper Egypt. Parliament’s Local Administration Committee approved…
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