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We have more details on the CBE’s new import rules
Details on CBE’s new import rules outline exemptions for some goods + small shipments: Imports of goods worth up to…
Last Night’s Talk Shows: The great debate over import letters of credit
Industry officials and banking experts spoke up on the airwaves last night about the CBE’s new import rules, after the…
CBE holding the line on new import rules
The Central Bank of Egypt (CBE) is not about to reverse its decision requiring importers to get letters of credit…
Importers, get your letters of credit ASAP
Importers are going to need letters of credit to buy goods starting March: Documentary collection from exporters will no longer…
EFG looks to hire advisers for FAB acquisition bid
EFG Hermes is looking to appoint an international financial advisor and an Egyptian law firm to advise on First Abu…
Earnings watch: AMOC, ADCB Egypt
EARNINGS WATCH- Alexandria Minerals and Oil Company (AMOC) recorded EGP 407.5 mn in net income in 2H2021, compared to EGP…
THIS EVENING: EFG looks to tap advisors for FAB acquisition + Draft Labor Act gets final nod from House + Countries tell citizens to leave Ukraine
Good afternoon, folks: It’s a good news / bad news sort of afternoon, with reports of new investment into Egypt’s…
Last Night’s Talk Shows: New penalties for building on public land + Shawki defends scrapped truancy fines
It was a mixed bag on the airwaves last night, with a little bit of everything from diplomacy to the…
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