Helios’ Raya Foods bid collapses, marking its second failed Egypt deal in two months

Good morning, folks.

Xi’s visit has been eventful

The EGX insider-trading blackout story is smaller, but still worth understanding.

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Helios frozen out of Raya Foods

Raya Holding’s board walked away from Helios’ bid for its frozen-food unit EGX disclosure (pdf)

REFRESHER- USD 40 mn for 49% an escalated full buyout in pulled the plug on

Pairing up on industrial zones

Egypt and Oman are studying plans to build twin industrial zones — one in each country statement

This is a sign Cairo’s zone playbook could become an export in its own right. new specialized industrial zones

REMEMBER- exploring a Sokhna-Sohar supply-chain link

#1- Property buyers are being told to read the fine print on assignment of rights: statement

#2- The eight-month temporary tax card we first told you about in June is now live statement

It’s muggy and marginally cooler in Alexandria

And over the weekend

The big story abroad

As the White House pushes more international players to invest in Venezuela, oil giant Chevron announced a USD 7 bn plan to double its production

Chip appetite set to rise? foresees

Antitrust bid to break up Google ad arm fails (again): rejected