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FinMin to work with Egypt’s banks on mitigating the impact of the new tax treatment
EXCLUSIVE- Tax officials spreading oil on troubled waters after flap over tax treatment of bank holdings of gov’t debt: Tax…
Mortgage Finance Fund expects second tranche of World Bank loan
The Mortgage Finance Fund (MFF) is expecting a second tranche of USD 50 mn from the World Bank loan in…
What we’re tracking this week and beyond
Elsewedy Electric and Arab Contractors will sign tomorrow final contracts for a USD 3 bn, 2.1 GW hydroelectric dam in…
Egypt raises USD 1.1 bn in one-year USD-denominated T-bills
Egypt raised USD 1.1 bn from the sale of one-year USD-denominated T-bills at an average yield of 3.747% in an…
EBRD to invest EUR 2.5 bn in Egypt over two years
INVESTMENT WATCH- EBRD to invest EUR 2.5 bn in Egypt over two years: The European Bank for Reconstruction and Development…
Karim Abdel Gawad wins 2018 CIB Black Ball Squash Open Champion title
Egyptian squash champion Karim Abdel Gawad took the 2018 CIB Black Ball Squash Open title after defeating Ali Farag in…
New tax treatment won’t affect ADIB’s 2018 financial results
Abu Dhabi Islamic Bank’s 2018 financial results will not be affected by proposed amendments to the tax treatment of bank…
Banque Misr expects AfreximBank to agree USD 550 mn loan soon
Banque Misr will sign an agreement to borrow USD 550 mn from the African Export-Import Bank (AfreximBank) “within weeks,” Banque…
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