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
Egyptian Competition Authority launches Ex-ante merger control regime on June 1 – Dailynewsegypt
New Egyptian merger control regime aims to attract foreign investment, enhance competition, says ECA Chairperson Momtaz