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Expect a wave of investment pledges from the EBRD for agribusiness in the near future
After renewables, expect a wave of investment pledges from the EBRD onagribusinesses in the near future: Egypt signed a joint…
World Bank to issue USD 1.15 bn development loan tranche to Egypt
The World Bank announced yesterday that its executive board has approved thedisbursal of a USD 1.15 bn tranche of a…
Cabinet approves draft law permitting legal settlements for construction violations
The Ismail Cabinet approved yesterday a draft bill that would provide a mechanism to legalize some buildings now in violation…
House approves Labor Unions Act, Youth Institutions Act, ban on drones
LEGISLATION WATCH- The House of Representatives approved yesterday in its plenary session the contentious labor unions and youth institutions acts,…
House Health Committee signs off on Universal Healthcare Act, system expected to run a EGP 10 bn annual deficit
LEGISLATION WATCH- House Health Committee approves Universal Healthcare Act: The House of Representatives’ Health Committee signed off on the Universal…
EGX considering allowing venture capital funds to list on the bourse
VCs and the EGX? The EGX is considering allowing venture capital funds to list shares and trade them on the…
Elves closes USD 2 mn round, Abraaj launches Bakery and more at Riseup
Elves closes USD 2 mn seed round, Abraaj launches Bakery and more at Riseup: A number of very interesting news…
Mayar Holding sees “big opportunities” in Egypt
INVESTMENT WATCH- KSA’s Mayar Holding sees “big opportunities” in Egypt: Saudi Arabian elevator and escalator manufacturer Mayar Holding is eyeing…
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