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The income tax changes will cost the state some EGP 6 bn
Author Archives: enterpriseam admin
Posted inInvestment Watch
More Chinese energy, chemicals, and textiles projects in the SCZone
The agreements signed are worth a combined USD 707 mn
Posted inDEBT WATCH
FinMin to take USD 500 mn panda bond issuance to market in 3Q 2023
The ministry delayed the issuance due to volatile market conditions
Posted inCommodities
GASC defers wheat payments amid FX crunch: supply minister, traders
As many as 11 wheat cargoes are awaiting payment, according to traders
Posted inFinance
EFG Hermes Holding is now EFG Holding
EFG Hermes Holding has officially rebranded to EFG Holding after the company’s shareholders signed off on the change during last week’s annual general meeting, according to a statement (pdf). The rebrand “reflects EFG Holding’s growth from one of Egypt’s first pure-play, independent investment banks to what is now a financial powerhouse with the ability to […]
Posted inWAR WATCH
Fewer clashes in Sudan following truce but humanitarian crisis continues
The week-long ceasefire is due to expire on Monday evening
Posted inEARNINGS WATCH
GB Corp profit, revenues hit amid auto slowdown
GB Auto posted a net loss but NBFS arm GB Capital saw strong growth