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Egypt’s gov’t to be ready for a move into the new capital next summer
Government buildings will officially be ready for their move to the new administrative capital next summer, with work on the…
Egyptian Commodity Exchange law will be with Parliament in October, says El Moselhy
LEGISLATION WATCH- Cabinet will submit the law that will establish the Egyptian Commodity Exchange to the House of Representatives in…
Trade Ministry to formally investigate alleged dumping of aluminum, rolled steel products
The Trade Ministry is opening a formal investigation into alleged dumping of ferrosilicon products imported from China, India, and Russia…
Egypt’s bourse adds 16 new companies to its list of securities eligible for shorting
You now have more stock options for short selling: The EGX has added 16 new companies to its list of…
Americana Egypt approves delisting shares from EGX ahead of Adeptio purchase
M&A WATCH- Americana Egypt approves delisting shares from EGX to fulfill Adeptio purchase: Americana Egypt’s board of directors have approved…
Prime Holding to offload AT Lease holdings after launching fintech subsidiary
M&A WATCH- Prime Holding is planning to offload the entirety of its stake in Al Tawfeek Leasing to avoid a…
EBRD to extend USD 100 mn for covid-impacted SMEs in Egypt
DEBT WATCH- EBRD to extend USD 100 mn for covid-hit SMEs through Banque Misr: The European Bank for Reconstruction and…
Gov’t mulls granting citizenship in exchange for increasing working capital
Foreigners could be granted the Egyptian citizenship if they invest more working capital into their Egypt-based companies if a proposal…
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