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Egypt’s tax authority stretches window to file February VAT returns to 10 May
The Tax Authority has pushed the 60-day window for businesses to file February VAT returns until 10 May, according to…
Central Bank of Egypt cuts interest on loans to tourism companies to 5%
REGULATION WATCH- CBE cuts interest on soft loans for tourism industry to 5% from 8%: The central bank is subsidizing…
Egypt draws up plans to “coexist” with covid-19 in the long term
The government is drawing up plans to “coexist” with covid-19 in the long term, saying there is currently “no end…
Shifting to e-learning with CIRA CEO Mohamed El Kalla on Making It
ICYMI – Making It is back: We launched the second season of our podcast on building a great business in…
Earnings watch: IDH reports 2% growth in net profit in 2019
EARNINGS WATCH- Integrated Diagnostics Holdings (IDH) reported a 2% y-o-y growth in net profit to EGP 505 mn in 2019,…
Egypt to refer some criminal cases to State Security Courts under emergency rule
Crimes involving weapons, intimidation, and disruption of public transportation will be referred to State Security Courts, according to a decree…
National Bank of Egypt dishes out EGP 27 bn of loans to factories under CBE initiative
NBE dishes out EGP 27 bn of loans to factories under CBE’s local industry initiative: The National Bank of Egypt…
Raya’s BariQ peaks interest of foreign, local investors
M&A WATCH- Raya’s BariQ piques foreign, local investors’ interest: Several unnamed investors have expressed interest in Raya Holding’s recycled plastic…
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