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GERD talks hanging by a thread as Egypt, Ethiopia ratchet up the rhetoric
GERD talks hanging by a thread as Egypt, Ethiopia ratchet up the rhetoric: The Egyptian foreign and irrigation ministries yesterday…
Delivery logistics company iMile to expand into Egypt following USD 10 mn pre-series A
STARTUPWATCH - UAE logistics company iMile raises USD 10 mn pre-series A, eyes Egypt expansion: Dubai-based cash-on-delivery logistics company iMile…
FinMin creates single budget for income tax, VAT arms of Tax Authority
The Finance Ministry has started implementing a single budget for the Tax Authority’s departments for income tax and VAT as…
Egypt’s FRA suspends 3-day notice requirement for treasury stock purchases
REGULATION WATCH- Market regulator suspends three-day notice requirement for listed companies’ treasury stock purchases: The Financial Regulatory Authority (FRA) introduced…
EGX30 suffers worst day’s trading since 2012 as covid-19 outbreak hits Middle East stocks
EGX30 suffers worst day’s trading since 2012 as covid-19 outbreak hits Middle East stocks: The benchmark EGX30 index tumbled a…
Sarwa Capital profits up 37% in 2019
EARNINGS WATCH- Sarwa profits up 37% in 2019: Sarwa Capital’s net profit rose 37% to EGP 389 mn in 2019…
Washington GERD talks wrap without agreement as Ethiopia no-shows
Washington GERD talks wrap without agreement as Ethiopia no-shows: Egypt is waiting on Ethiopia and Sudan to agree to sign…
National gas grid usage fees rise by 29%
National gas grid usage fees go up 29%: The Gas Regulatory Authority has raised usage fees for the national gas…
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