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FinMin allows consumer finance companies to deduct a larger portion of interest payments from their tax bills
REGULATION WATCH- FinMin allows consumer finance companies to deduct a larger portion of interest payments from their tax bills: Consumer…
EBRD to provide NBK Egypt with USD 100 mn for private sector
The EBRD will provide the National Bank of Kuwait Egypt with USD 100 mn for onlending to the private sector,…
Maait gives Lamees an update on Egypt’s economic outlook amid covid-19
The highlight of last night’s talk shows was Finance Minister Mohamed Maait’s chat with Al Kahera Alaan’s Lamees El Hadidi…
What we’re tracking on 8 June 2020
Good morning, friends. Let’s take stock of where we stand as we slide into summer. The global covid case count…
Construction begins on new administrative capital’s EGP 2 bn Knowledge City
The CIT Ministry has begun working on the first phase of the new administrative capital’s EGP 2 bn Knowledge City,…
Electricity Ministry to add 145 MW to national grid in FY2020-21
The Electricity Ministry plans to increase the capacity of the national electricity grid by 145 MW in FY2020-21, to bring…
IMF gives initial nod to USD 5.2 bn in fresh funding to Egypt
IMF gives initial nod to USD 5.2 bn in fresh funding to Egypt: The IMF reached a staff-level agreement to…
Egypt-sponsored Libyan ceasefire agreement leads the airwaves
The Egypt-sponsored Libyan ceasefire agreement President Abdel Fattah El Sisi unveiled yesterday was the biggest talking point on the airwaves,…
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