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Earnings watch: Porto Group and QNB Al-Ahli report 2019 results
EARNINGS WATCH- Porto Group’s FY2019 profits dropped to EGP 116.9 mn from EGP 133.6 mn the previous year, while revenues…
Porto Group appoints Gamal Fathalla as chairman and managing director
MOVES- Porto Group appointed Gamal Fathalla (Linkedin) as chairman and managing director of the company after Mohamed Sayed Razek resigned…
Algebra Ventures promotes Omar Khashaba to principal
MOVES- Our friends at Algebra Ventures have named Omar Khashaba (Linkedin) a principal; Khashaba had previously been senior associate in…
Almost 1k businesses lodge tax disputes since approval of temporary bill
Almost 1k businesses have lodged tax complaints with the government’s dispute resolution committee under temporary tax dispute resolution bill ratified…
House Planning Committee to review Unified Budget Act in June
LEGISLATION WATCH- House Planning Committee to review Unified Budget Act in June: The House of Representatives’ Planning and Budget Committee…
NMC Health’s BR Shetty quits Alex Medical board
NMC Health’s BR Shetty quits Alex Medical board: Alexandria Medical’s board of directors has accepted the resignation of chairman and…
EFG Hermes signs partnership agreement to set up PayTabs Egypt
EFG Hermes moves into online payments space: EFG Hermes has signed an agreement with online payment platform PayTabs to set…
STC extends MoU for Vodafone takeover by 3 months on covid-related delays
M&A WATCH- STC extends Vodafone Egypt stake purchase agreement by three months on covid-related delays: Saudi Telecom (STC) has extended…
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