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Permits to construct the Dabaa reactors in Egypt to be issued in 2H2021
Permits for building of Dabaa reactors coming in 2H2021: The Nuclear and Radiological Regulatory Authority (ENRRA) expects to issue the…
Egypt’s House gives early nod to law to regulate waste management + more laws
LEGISLATION WATCH- House gives early nod to draft law to regulate, encourage investment in waste management: The House of Representatives…
Paymob partners with Germany’s Holyo to allow gamers to make online purchases
Gamers can now pay online without a credit card thanks to Paymob: Online payment processor Paymob has partnered with German…
Fawry becomes first Egyptian tech company to achieve USD 1 bn market cap
STARTUP WATCH- Fawry is officially Egypt’s first unicorn: EGX-listed e-payments firm Fawry became the first Egyptian tech company to hit…
Egypt: consumers can now take out debt to finance insurance, sporting club memberships
REGULATION WATCH- Consumers can now take out debt to finance sporting club memberships, insurance policies: The Financial Regulatory Authority (FRA)…
FRA issues new regulations over delisting, cancellation of listed securities
REGULATION WATCH- Shares in companies that voluntarily delist from the EGX can still be traded for up to three months…
Nile Cotton Ginning investors looking to purchase 7.06% stake from worker’s union for EGP 183 mn
M&A WATCH- A group of investors in state-owned Nile Cotton Ginning want to buy out the company’s workers’ union, offering…
Egypt’s MNHD receives EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations
M&A WATCH- MNHD receives EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations: Madinet Nasr for…
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