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Infrastructure 
Benban keeps rolling on, with three foreign companies looking to begin construction
Benban keeps rolling on, with three foreign companies looking to begin construction: Spain’s Acciona and Saudi Arabia’s Swicorp have begun…
SPEED ROUND
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SPEED ROUND
NAT to ink USD 1.2 bn loan agreement for 10 Ramadan-Salam train next month
The National Authority for Tunnels (NAT) will sign next month a USD 1.2 bn loan agreement with the Export-Import Bank…
Al-Futtaim Real Estate to invest EGP 30 bn in Cairo Festival City by 2023
INVESTMENT WATCH- Al-Futtaim Real Estate plans to invest EGP 30 bn (USD 1.7 bn) in its Egypt project Cairo Festival…
SME taxation framework could codify lower interest rates for SMEs
SME taxation framework could codify lower interest rates for SMEs: And speaking of taxes, the SME taxation framework currently being…
ECA denies targeting steel manufacturers with price-fixing probe
ECA denies targeting steel manufacturers in price-fixing probe: The Egyptian Competition Authority (ECA) denied on Tuesday reports published in Al…
Government to sell stakes in 4-6 companies on the EGX in 2018
IPO WATCH- The government plans to offer shares of 4-6 companies on the EGX in 2018 under its IPO program,…
Administrative Court orders shut down of ride-hailing apps Uber and Careem, companies plan appeal
Taxi drivers have won an initial court victory over Uber and Careem: The Administrative Court ordered yesterday the suspension of…
MBC moves to block any disposal of Al Hayat TV trademarks
TV network MBC, through its Egyptian attorneys Shahid Law Firm, have already requested the nullification of any acts of disposal…
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