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State-owned maritime transport company to list on the EGX on Wednesday: The EGX’s listing committee has signed off on the temporary listing of the state-owned Port Said Container & Cargo Handling Company (PSCCHC) ahead of a planned IPO, the bourse said in a statement (pdf). This gives the company six months to meet listing requirements […]
Author Archives: enterpriseam admin
Posted inTax
Tax Authority tells self-employed to register for e-invoicing amid growing protests
The taxman isn’t backing down on e-invoicing: Lawyers will not be granted an exemption from registering on the government’s e-invoicing system, the head of the Tax Authority said yesterday in the wake of rare protests in several parts of the country. Hundreds of lawyers gathered outside syndicates in Cairo, Alexandria, Assiut and elsewhere yesterday in […]
Posted inStartup watch
OneOrder closes USD 3 mn round + SideUp raises USD 1.2 mn
One Order raises USD 3 mn in Nclude-led seed round: Tech-enabled F&B logistics platform OneOrder has closed a USD 3 mn seed round led by local fintech fund Nclude, with participation from follow-on investor A15, and Delivery Hero’s VC arm, Techcrunch reports. About OneOrder: Founded earlier this year by restaurateur Tamer Amer (LinkedIn), the company […]
Posted inLEGISLATION WATCH
A new-look Competition Act is one step closer
One step closer to a new-look Competition Act: The House of Representatives approved amendments to the Competition Act yesterday, with a final vote on the bill delayed to an upcoming session. The amendments, which got a preliminary approval by the House earlier this week, would give the Egyptian Competition Authority (ECA) sharper teeth to regulate […]
Posted inMoves
The ex-CFO of Kingdom Holding was just made an assistant minister at the Tourism Ministry
Mohamed Fahmy (LinkedIn) has been appointed assistant tourism minister for economic affairs, the ministry said yesterday. Fahmy holds over 30 years of experience in several local and global banks and companies, where he worked as a specialist in M&As. He has served as the CFO for Prince Alwaleed bin Talal’s Kingdom Holding, and was previously […]
Posted inLAST NIGHT’S TALK SHOWS
Infrastructure-fest
Government infrastructure projects are awesome: That was the main message delivered by the talking heads last night, who couldn’t stop talking about the state’s development plans. The trigger was yesterday’s inauguration of the Fouad Abu Zekry axis in Alexandria, but praise was also heaped on the revamp of the 19th century Al Montazah gardens in […]
Posted inEGYPT IN THE NEWS
Dior Pyramids show is getting international attention
Dior’s show at the Giza pyramids is continuing to lead coverage on Egypt internationally this morning, with AFP, the Financial Times, and the National all covering Kim Jones’ spectacular event on Saturday. MEANWHILE- Bloomberg’s Bobby Ghosh is out with an opinion piece on the potential for Erdogan and El Sisi to mend ties following last […]
Posted inUncategorized
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