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Nestlé ups investment, packaging manufacturer Uflex opening here
Nestlé Egypt is investing EGP 700 mn in new production lines at its Sixth of October factory between 2021 and…
PM Moustafa Madbouly to chair financial stability committee + Tamer Aly becomes Valeo software development center GM
Top brass from the government and Central Bank of Egypt (CBE) will sit on a joint committee to align monetary…
CBE leaves rates on hold in final meeting of 2021
The Central Bank of Egypt (CBE) left interest rates on hold for the ninth consecutive meeting on Thursday as policymakers…
Arco inks EGP 720 mn financial leasing agreement
Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf…
Fitch thinks Egypt could be up for another IMF program
Egypt’s high exposure to external financing could lead the government to seek a fresh IMF program, especially in the event…
THIS MORNING: CBE gathers for its final policy meeting today + new GAFI services unit for EGX-listed companies + school’s out in Alexandria (again)
Good morning, friends, and welcome to the final day of the workweek. We’re looking forward to the weekend, even though…
SMEs get a helping hand from CBE
CBE offers support for financially distressed SMEs: Financially distressed SMEs at risk of default will be given more time —…
THIS MORNING: Ads are now subject to VAT, but not the stamp tax. Plus: Fate of sugar tax still unclear.
Good morning, wonderful people, and welcome to yet another busy December morning. We have a ton of news to get…
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