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Mineral Resources Act exec regs should come out this month
REGULATION WATCH- Mineral Resources Act exec regs should come out this month: The executive regulations of the Mineral Resources Act…
Dental marketplace DentaCarts raises USD 450k investment
STARTUP WATCH- Dental marketplace DentaCarts raises USD 450k investment: Egyptian dental marketplace DentaCartssecured USD 450k from AUC Angels, Asia Africa…
Egypt signs EUR 1 bn loan agreement for Transmashholding railcar purchase
Egypt signs EUR 1 bn loan agreement for Russian railcar purchase: Egyptian National Railways head Ashraf Raslan signed on Thursday…
Ezz Dekheila acquires Ezz Rolling Mills
M&A WATCH- Ezz Dekheila fully acquires Ezz Rolling Mills: Ezz Dekheila Steel’s acquisition of 100% of Al Ezz Rolling Mills…
Sarwa closes EGP 1.8 bn securitized bond issuance
DEBT WATCH- Sarwa closes EGP 1.8 bn securitized bond issuance: Structured- and consumer finance player Sarwa Capital closed the issuance…
House discusses lowering income tax for low earners, draft to combat tax evasion
LEGISLATION WATCH- House mulls tax breaks for low income earners: The House Planning and Budget Committee is discussing potential amendments…
CORRECTION- In yesterday’s ‘Coffee With’ featuring Majid Al Futtaim’s Ahmed Ismail we incorrectly stated that the company has invested EGP…
Hassan Ghanem appointed City Edge chairman, Amjad Hassanein as CEO
MOVES- Hassan Ghanem (LinkedIn) has been appointed board chairman of City Edge, a week after being named chairman of the…
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