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Egypt sees 90% surge in Ukrainian tourist arrivals as tourism sector recovers
Nearly 750k Ukrainian tourists visited Egypt in 2017, a 90% y-o-y jump, Tourism Promotion Authority (TPA) head Hisham El Demery…
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Housing Ministry rolls out ambitious EGP 32 bn Sinai development strategy
Housing Ministry rolls out ambitious EGP 32 bn Sinai development strategy: The Housing Ministry has completed mapping out a EGP…
Council of State receives Healthcare Act exec regs to review before Cabinet
LEGISLATION WATCH- Council of State reviewing Healthcare Act regs before they’re sent to Cabinet: The Health Ministry has sent the…
Israel denies it is making concessions on the int’l arbitration award against Egypt
Israel denies it is making concessions on the int’l gas arbitration award against Egypt—have the two sides agreed just to…
Nahw Development completes MTO of CDICO
M&A WATCH- Nahw Development (completely new to us, folks) has completed a mandatory tender to acquire the remaining 49% stake…
SEII to invest USD 50 mn in acquisitions over the next two years
M&A WATCH- The Saudi-Egyptian Industrial Investment Company (SEII) is earmarking USD 50 mn to fund acquisitions over the next two…
Ebtikar, TCV, Acquire consortium offers EGP 300 mn for ODE’s share in Tamweel
M&A WATCH- A consortium made up of Ebtikar for Financial Investment Company, our friends at TCV and Acquire has submitted…
Belgian, Egyptian JV looks to build EGP 8 bn phosphate complex—is this Evergrow / Borealis / EcoPhos?
INVESTMENT WATCH- Is this Evergrow / EcoPhos in an EGP 8 bn fertilizers JV? Two unnamed Egyptian and Belgian companies…
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