Egypt’s Competition Authority approves eight economic concentration transactions across key sectors
The Economic Concentration Review Committee at the Egyptian Competition Authority (ECA) has approved eight acquisition and investment transactions across a range of sectors, underscoring continued merger and acquisition activity involving international corporations and investment firms. Among the approved transactions is
MAGRABI Retail acquires majority stake in Egypt’s Baraka Optics Group
MAGRABI Retail has signed an agreement to acquire a 51% stake in Baraka Optics Group, one of Egypt’s leading optical retail chains. The transaction remains subject to regulatory approvals, including clearance from the Egyptian Competition Authority (ECA). Founded in 1979
Egyptian Competition Authority approves five major mergers, acquisitions
The Economic Concentration Review Committee at the Egyptian Competition Authority (ECA) has approved a series of significant mergers and acquisitions across multiple sectors. Dar Al-Handasah Consultants (Shair and Partners) will acquire 100% of the shares of John Wood Group. Meanwhile,
Egypt warns against poultry price-fixing ahead of seasonal demand surge
The Egyptian government has warned poultry producers against monopolistic practices and price-fixing as it seeks to stabilise the domestic market ahead of the month of Ramadan. Alaa Farouk, Minister of Agriculture and Land Reclamation, and Mahmoud Mumtaz, Chairperson of the
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
Egypt explores collaboration with ECA to strengthen agricultural transformation, women’s empowerment
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with a delegation from the United Nations Economic Commission for Africa (ECA) on Monday to discuss potential avenues for collaboration. The meeting, held in Cairo, took place during the ECA’s