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Local mobile manufacturers could soon catch a tax break
Fresh tax incentives for local mobile phone assemblers? The Finance Ministry is considering cutting a 5% development fee on imported…
A new subsidized loan program for industry and agriculture could be a lifeline for struggling businesses
! New subsidized loan program gives hope for a light at the end of the tunnel: A government decision to…
State grain buyer GASC is getting into corn with first int’l tender
COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from…
New VAT exec regs just dropped
The Finance Ministry has issued the amended executive regulations for the VAT Act, which contain new targeted tax breaks designed…
Could things be looking up for our industrial sector in 2023?
Could 2023 be a golden year for local industry? After a particularly challenging year for businesses who were up against…
Compass Capital cleared to do due diligence on Pachin. Plus: Speed Medical, ICMI make M&A headlines
Yesterday in M&A: Compass Capital got the green light to do due diligence on Egypt’s most sought-after paints company, Speed…
Elsewedy Electric proposes EGP 20 bn industrial zone west of Cairo
Elsewedy Electric wants to build an industrial park in New 6 October City: Elsewedy Electric is in talks with the…
TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt
Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal…
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