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Tarek Nour ridicules notion of Ikhwan connection, says state intervention in economy should be temporary
Advertising and media mogul Tarek Nour gave Al Masry Al Youm a wide-ranging interview yesterday. Nour said claims he has partnered…
Speed Round
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Central Bank to further facilitate SME funding with new policies this month -Negm
The Central Bank of Egypt is planning to announce new policies during May to improve access to finance for small…
Finance Ministry sends Income Tax Law amendments to House Economics Committee
The Finance Ministry has finished drafting amendments to the Income Tax Law and sent them to the House of Representatives’…
Electricity Ministry to decide on new electricity prices this month
Electricity subsidy phase-out delayed, new prices to be unveiled this month: The Electricity Ministry will announce the new electricity prices…
Apex appoints Saba and Gilmore to senior roles
MOVES- Egypt-focused Apex International Energy appointed Willis “Trey” Gilmore as vice-president of corporate reservoir engineering in Houston and Raed Saba…
Siemens set global record for execution of fast-track power projects in Egypt
Siemens has set a new global record for the execution of fast-track power projects byconnecting 4.8GW of generation capacity to…
CBC officially announces failed merger with Al Nahar
M&A WATCH- The merger between satellite channels CBC and Al Nahar has been officially terminated due to “differences in vision…
Beltone Financial to manage IPOs of Misr Italia and Egypt Foods
IPO WATCH- As the 1H2016 IPO window draws to a close before a long, dry summer, Beltone Financial has been…
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