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Media Production City begins talks to acquire 55% stake in Arab Hotel Company
M&A WATCH- Media Production City to begin talks to acquire 55% stake in Arab Hotel Company: Egyptian Media Production City’s…
Media
UK-based fund enters talks to acquire Euro Mena II’s majority stake in International Eye Hospital
M&A WATCH- UK-based fund enters talks to acquire Euro Mena II’s majority stake in International Eye Hospital: An unnamed UK-based…
Oil, gas and fake news on the airwaves last night
Oil and gas industry = good. Foreign Policy Magazine = not good. Those were the main messages on the airwaves…
MENA region spends close to 58 mn more hours on Facebook in Ramadan
The MENA region spends close to 58 mn more hours on Facebook and watch more YouTube videos during Ramadan than…
Egypt’s media council suspends talk show over guest’s racist comments
The Supreme Media Council has decided to suspend talk show Sheikh El Hara over an episode in which a guest…
Egypt’s cabinet IDSC denies 18% tax on social media advertising
Gov’t denies 18% social media ad tax is already in place, but says it is working on a 15-20% levy:…
What we’re tracking on 15 May 2019
Good morning, friends — take heart, it is nearly the weekend. Still, we have plenty of interesting news for you…
Facebook to charge 18% VAT on Egypt-based advertisers not registered for VAT
Facebook has announced that Egypt-based advertisers without a valid VAT identification number will be charged an increased 18% rate of…
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