Digital banks now need a capital of at least EGP 2 bn
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Last Night’s Talk Shows on remittances, Egypt’s Sudan summit
Remittances are still being disbursed in the currency in which they were sent
Abou Ghaly ties up with NBE + Metito eyes desalination plants
The desalination plants would have a combined capacity of 200k cubic meters
UAE follows KSA to deposit funds with debt-laden Pakistan
The IMF’s board yesterday approved Pakistan’s USD 3 bn bailout loan
My Morning Routine: Seif El Sobky, CEO, Koshari Street
“We want to expand within central London with four to five more restaurants next year.”
JULY 12-13 July (Wednesday-Thursday): Finance Ministry to pay out first batch of export subsidies under sixth phase of subsidies program. 15 July (Saturday): Deadline for EGAS + EGPC bid rounds for gas exploration and development of mature oil fields. 15 July (Saturday): Rollout of the fourth phase of the Egyptian Tax Authority’s e-receipt system. 18 […]
THIS EVENING: Private equity firms have their eyes on Al Ahly Momkn
Happy THURSDAY, friends. We hope you all end this week with plans to unwind — and that your weekly trek to Sahel is smooth and safe. CLARIFICATION- Our coverage of the Financial Regulatory Authority’s new regulations for obtaining fintech licenses in this morning’s edition of EnterpriseAM misjudged the purpose of the regulations and incorrectly characterized […]