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A15 makes six-figure investment in e-commerce logistics startup R2S
STARTUP WATCH- A15 makes six-figure investment in R2S: Egyptian e-commerce logistics and delivery startup R2S landed a six-figure commitment for…
Cabinet signs off on four agreements between Egypt and Germany worth EUR 145.9 mn
CABINET WATCH- The Madbouly Cabinet signed off yesterday on four agreements with Germany that Egypt had signed last month worth…
Israeli court injunction threatens to delay gas exports
Israeli court injunction threatens to delay gas exports: Israeli gas exports to Egypt scheduled to arrive next month could face…
Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt
DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some…
Centamin says Endeavour refusing to cooperate on value study
M&A WATCH- Centamin claims Endeavour refusing to cooperate on value study: Endeavour Mining is refusing to go ahead with its…
Egypt’s EFG subsidiary is first to issue short-term debt under new FRA framework
DEBT WATCH- EFG Hermes subsidiary to end decade-long dry spell for corporate bond issuances: EFG Hermes subsidiary Hermes Securities Brokerage…
Egypt’s new Customs Act expected to come into effect in 1H2020
LEGISLATION WATCH- The proposed Customs Act is expected to come into effect in 1H2020, unnamed sources at the Finance Ministry…
New income tax law to be finalized this fiscal year -Maait
LEGISLATION WATCH- The new income tax law will see the light of day this fiscal year: The new income tax…
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