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The listing will offer up a 20–21.9% stake in the company through its retail and institutional tranches
Author Archives: enterpriseam admin
Posted inLEGISLATION WATCH
Old Rent Law to be scrapped after seven-year transitional period after House green light
The law sets a seven-year transitional period for residential units and five years for non-residential units rented by individuals
Posted inTax
FinMin to apply a zero VAT rate on select exported services
The move would represent a breakthrough in promoting investments
Posted inPOLL
Most analysts see the CBE holding rates this week- EnterpriseAM poll
Five of the analysts we spoke to see the MPC keeping rates unchanged this week, while three see the committee continuing its easing cycle this month
Posted inEconomy
IMF to combine fifth, sixth loan reviews to give Egypt time to meet reform targets
The Fund expects the combined review to take place in the fall
Posted inFintech
Robin: A new data science and AI player
Robin will equip “organizations with practical data & AI skills that can be immediately applied to drive smarter decisions and long-term success”
Posted inManufacturing
Chinese glassware company begins construction of USD 70 mn SCZone factory
Some 80% of the goods produced at the facility are earmarked for export
Posted inInvestment Watch
Five Czech Firms explore local investments
The companies include those operating in manufacturing, chemical solutions, textiles, tech, and medical supplies
Posted inMoves
Mina Rizk elected independent chairperson of FAO Council
Rizk became the first Egyptian and the youngest person to lead the UN organization’s council.