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Unified Tax Act amendments, teacher salary hikes receive final House approval
LEGISLATION WATCH- House passes tax code amendments that impose tough penalties on late filers: The House of Representatives has passed…
Pro-gov’t National List of Egypt sweeps first round of parliamentary election
The pro-government National List of Egypt dominated the opening round of the parliamentary election, picking up all 142 seats allocated…
Supporting small businesses is near the top of the list of things HSBC says Cairo needs to do next if we want to cope with population growth
Supporting small businesses is near the top of the list of things HSBC says Cairo needs to do next if…
EFG Hermes tops EGX brokerage league table in October
EFG Hermes topped the EGX’s brokerage league table in October with a market share of 13.8%, according to EGX figures…
Alex Angels reinvests in Mumm, Ordera, and El Gameya
STARTUP WATCH- Alex Angels plans to make follow-on investments in Mumm, Ordera, and El Gameya as part of its new…
Egyptian startup Fatura to add e-payments, aims to scale in early 2021
STARTUP WATCH- Fatura to add e-payments, aims to scale in early 2021: B2B e-commerce platform Fatura is in talks with…
Fashion startup Brantu raises USD seven-figure investment
STARTUP WATCH- Online fashion marketplace Brantu has raised an undisclosed USD seven-figure investment in a series A funding round led…
Tourist arrivals to Egypt fall more than 60% in 1H2020 -UNWTO
FROM THE DEPARTMENT OF THE OBVIOUS- Tourist arrivals to Egypt dropped 62.3% y-o-y in 1H2020 as covid-19 travel restrictions and…
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