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Egyptian-led Moonbase Capital launches USD 15 mn search fund investment vehicle
Some 40% of the funds will go to search funds in developing markets
Egypt, Romania ink natural gas, SME, investment agreements during joint committee
The talks marked the first joint committee meeting in five years
Gov't unveils the first part of a wider package of tax facilities
The package focuses around four key goals
We’re hours away from the announcement of fresh tax facilities, incentives
The facilities should be implemented before the end of the year
SME finance: Who’s doing it and what’s missing in that sphere?
SMEs make up around 98% of all Egyptian companies, contributing more than 43% of the country's GDP, and employing about…
Alexandria for Industrial Development to build USD 120 mn worth of turnkey factories for foreign companies. PLUS: United Bank, Fawry, Raya CX, eAswaaq + Post for Investment, Trellix
The company is currently setting up a pipe manufacturing facility for a Chinese investor
Gov’t continues to crack down on strategic commodities hoarding
Rice, sugar, blended oil, fava beans, white cheese, milk, and pasta will continue to be designated as strategic commodities
SMEs are getting a boost with new targeted tax incentives package
The measures aim to incentivize voluntary compliance with tax policy and ease the incorporation of the informal economy into the…
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