monopoly

Ezaby Pharmacy chain owner arrested and is to serve 547 years in prison
Egypt

Ezaby Pharmacy chain owner arrested and is to serve 547 years in prison

The security authorities in Cairo arrested the famous fugitive businessman and pharmacist Ahmed al-Ezaby, who owns the chain of “El…
Rise in car prices in Egypt due to market monopoly: expert
Egypt

Rise in car prices in Egypt due to market monopoly: expert

The rise in car prices in Egypt is happening in a strange and incomprehensible manner due to the monopoly in…
Egyptian Investment Group aims to end car trade monopoly
Business

Egyptian Investment Group aims to end car trade monopoly

The Egyptian Investment Group announced it would establish a company for car trading in order to counter the monopoly and…
Egypt’s Competition Authority requests data on Uber-Careem’s potential merger
Egypt

Egypt’s Competition Authority requests data on Uber-Careem’s potential merger

  The Egyptian Competition Authority are working on a full-fledged report on the potential impact of huge merger deal between…
Doctors Syndicate calls for tightening control on Abraaj Capital company
Business

Doctors Syndicate calls for tightening control on Abraaj Capital company

Officials at the Doctors Syndicate recommended that the Health Ministry tighten control on the activity of the multinational company Abraaj Capital,…
Court accepts prosecution appeal against Ezz innocence
Egypt

Court accepts prosecution appeal against Ezz innocence

The Economic Misdemeanor Court of Appeals accepted on Wednesday a prosecutional appeal against innocence of Ahmed Ezz, steel tycoon affiliated…
Cement price bump prompts monopoly allegations
Business

Cement price bump prompts monopoly allegations

A recent rise in cement prices has raised a red flag for Egypt's Consumer Protection Agency amid increased production and…
Competition Authority to investigate water company price collusion
Egypt

Competition Authority to investigate water company price collusion

The Egyptian Competition Authority has begun a study to check if bottled water companies are planning to monopolize the market,…
Parliament approves in principle amendments on law fighting monopolies
Egypt

Parliament approves in principle amendments on law fighting monopolies

The People’s Assembly Economic Affairs Committee has approved in principle an amendment to the law on protecting competition and banning…
Telecom Egypt Q3 net profit drops 21 pct
Business

Telecom Egypt Q3 net profit drops 21 pct

Land-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues to suffer…
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