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Banque du Caire IPO expected in 1H 2018
IPO WATCH- EFG Hermes expects Banque du Caire to IPO in 1H2018, after the transaction was initially expected to take…
Rosneft to invest USD 2 bn in Zohr over four years
INVESTMENT WATCH- Rosneft is looking to invest USD 2 bn in the field over the next four years, Reuters reports.…
New SMEs law to offer tax and non-tax incentives, could eliminate interest on loans for registered businesses
LEGISLATION WATCH- New SMEs law to offer tax and non-tax incentives, could eliminate interest on loans for registered businesses: SMEs…
Natural Gas Act executive regs coming in days; talks with Aramco on refining in Egypt are underway
LEGISLATION WATCH- The executive regulations of the Natural Gas Act are coming in days, Oil Minister Tarek El Molla said…
Zero-tolerance policy for ergot could be making a comeback
Just when you thought the ergot issue was resolved, it comes back like Glenn Close in Fatal Attraction: An Administrative…
Businesses need to help middle- and upper-income staff keep pace with inflation
Want to keep growing your business? One of the most important things business you can do is help your middle-…
EBRD goes on a spending spree supporting Egyptian banks
The European Bank for Reconstruction and Development just loaned a crisp USD 325 mn to Egypt’s banks to drive SME…
ADNOC to sell at least 10% stake in fuel stations unit in December ADX IPO
IPO WATCH- Abu Dhabi’s ADNOC took a step toward its previously hinted sale of least 10% of its fuel stations…
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