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What were the objections of the Council of State on the Ride-Hailing Apps?
LEGISLATION WATCH- Why does the Council of State have reservations about the Ride-Hailing Apps Act? As we noted yesterday, the…
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Transport Ministry to issue tenders for river port development after Nile traffic bill is issued
The Transport Ministry is planning to launch tenders for the development of four Nile ports once legislation regulating river traffic…
Government to announce new social protection measures in Ramadan -sources
Government could announce new social protection measures in Ramadan: The Ismail Cabinet will reportedly announce a new batch of social…
Nasr, Omran unveil new 2018-2022 strategy for development of non-banking financial sector
Nasr, Omran strategy to drive growth of non-bank financial sector, focus seems to be on futures exchange and easing red…
Elsewedy / Marubeni / Masdar consortium seeks funding for USD 900 mn wind projects as gov’t drags feet on regulatory approvals
Elsewedy / Marubeni / Masdar consortium seeks funding for USD 900 mn wind projects as gov’t drags feet on regulatory…
Ezdehar to acquire 22.5% stake in Dsquares?
M&A WATCH- Ezdehar’s Egypt Mid-Cap fund is planning to acquire a 22.5% stake in digital marketing and IT solutions firm…
ODE reports net profit of EGP 392 mn in FY2017
EARNINGS WATCH- Orascom Development Egypt reported a net profit of EGP 392 mn in FY2017, up from a loss of…
Egypt is going to have electric cars soon
Egypt is going to have electric cars soon: The first batch of Tesla electric cars are expected to hit Egypt’s…
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