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Infrastructure 
House Transport Committee pushes Ride-hailing Apps Act to top of its agenda, to expedite discussion
LEGISLATION WATCH- The House of Representatives’ Transportation Committee is moving the Ride-hailing Apps Act to the top of its agenda.…
Halan, a ridesharing app for tuktuks and motorcycles, closes in on USD 2 mn fundraising round
EXCLUSIVE- Egypt’s “Uber for motorcycles” closes in on USD 2 mn pre-series ‘A’ fundraising round: Halan, the Cairo-based ride-sharing app…
BP seeks USD 1 bn from sale of Egypt oil assets, expected to focus more on Egypt and Oman after failing to renew UAE concessions
BP is hoping to raise USD 1 bn from “mature oil assets in Egypt” that it has recently put up…
Wood Mackenzie to develop studies backing Egypt’s future mineral resources development strategy
In other news from the natural resources industry: Wood Mackenzie has been tapped to conduct studies for government’s mineral resources…
Apache to drill 50 new wells in Egypt next fiscal year, EGAS and Eni trying to speed up Zohr production schedule
Apache is planning on drilling 50 new exploratory wells in Egypt in the coming fiscal year through its Qaroun and…
NCBIS denies it has been hit with order to shutdown
CLARIFICATION- The New Cairo British International School (NCBIS) denies a report published by Ahram Gate that it is being shutdown…
Egypt signs continental freetrade zone agreement
Egypt joined 44 other African countries in signing the pan-African Continental Freetrade Zone (CFTZ) agreement in Kigali yesterday. The agreement,…
Alex Port-led consortium to build USD 450-500 mn multipurpose platform
Alex Port-led consortium to build USD 450-500 mn multipurpose station: The Alexandria Port Authority (APA) is forming a JV with…
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