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A EUR 90 mn EU grant is coming our way to support the grid and renewable energy developments
Plus: Smoke price hikes, Madinet Masr taps Al Shorouk Construction for Sarai build-out
VAT hike on cigarettes coming soon
The VAT amendments were ratified in July
El Sisi ratifies VAT Law amendments + Eastern Company hikes cigarette prices
PLUS- Egypt engaged with key players in nuclear talks
Philip Morris raises cigarette prices by up to 11%
PLUS- New shareholders to join Alexandria for Supply Chain Company
Kazyon to fuel Morocco expansion plans with USD 30 mn from the IFC
The supermarket chain tapped into the Saudi market in February with a 50% stake purchase of discount retailer Dukan
Eastern Company hikes cigarette prices for the fourth time this year. PLUS: News from Palm Hills, Misr Petroleum, GASC
The increase came in response to the Finance Ministry enacting the law that allows companies to raise prices by 12%…
Zafarana wind farm sale pushed back? PLUS: News from Eastern Company, Rameda, Fawry
The Zafarana wind farm had been reported to be the subject of ongoing negotiations earlier this month
Introducing the cabinet’s Economic Ministerial Group. PLUS: News from Madinet Masr, Eastern Company, Infinity Power
The group will be headed by Prime Minister Moustafa Madbouly
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