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Raya founder mulling two proposals from Egyptian, int’l banks to finance MTO
M&A Watch- Raya founder mulling two proposals to finance MTO: Raya Holding founder Medhat Khalil is considering two separate proposals…
Rep offices in Egypt have three years to open full offices in Egypt
Rep offices need to open full operations within three years under new decree: The General Authority for Freezones and Investments…
Cabinet to sign off on Customs Act amendments this week?
LEGISLATION WATCH- Cabinet to sign off on Customs Act amendments this week? The proposed amendments to the Customs Act are…
Egypt’s FRA involves businesses in Consumer Credit Act draft
LEGISLATION WATCH- FRA wants business input into its proposed Consumer Credit Act: The Financial Regulatory Authority (FRA) has opened consultations…
Khalil withdraws appeal, asks Egypt’s FRA for 60-day grace period to submit MTO
M&A WATCH- Khalil withdraws appeal, asks FRA for 60-day grace period to submit mandatory offer for Raya: Raya Holding founder…
Egypt’s industry lobbies for cheaper gas, lower industrial property taxes
Manufacturers lobby for cheaper gas: Prime Minister Moustafa Madbouly has promised to consider revising downward the price manufacturers pay for…
Egypt’s central bank boss confirms intention to resume bank licensing
Amer confirms new bank licenses could be issued: Central Bank of Egypt Governor Tarek Amer has confirmed to Al Mal…
FRA releases memo to clarify year-end reporting for Egypt’s listed companies
The Financial Regulatory Authority (FRA) has released a memo clarifying the Capital Markets Act’s regulations on financial disclosures for listed…
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