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Mohamed Abdel Fattah named Finance Minister’s assistant for budget
MOVES- Prime Minister Moustafa Madbouly has appointed the Finance Ministry’s head of the budget division, Mohamed Abdel Fattah, as assistant…
Earnings watch: Obour Land reports 1H2019 results
EARNINGS WATCH- Cheesemaker Obour Land recorded net income of EGP 127.3 mn in 1H2019, up 10.49% y-o-y from EGP 115.2…
El Sisi meets Merkel, other world leaders during G7 summit
El Sisi meets Merkel, other world leaders during G7 summit: Germany values the strong economic and trade ties with Egypt,…
Gov’t could impose 5-10% schedule tax on social media ads
EXCLUSIVE- The government is looking to impose a 5-10% schedule tax on social media and internet search ads on top…
Egyptian investment banks team up with international institutions to manage United Bank sale
M&A WATCH- Egyptian investment banks are teaming up with international institutions to manage United Bank sale: Local investment banks are…
Interest rate cut could save Egypt’s coffers EGP 15 in debt service
Last week’s interest rate cut could save Egypt’s coffers EGP 15 bn in debt service: The Finance Ministry could spend…
Fadi Pharaon named as SVP & Middle East & Africa Head at Ericsson
MOVES- Ericsson has tapped Fadi Pharaon (Linkedin) as senior vice president and head of market area Middle East and Africa…
Ehab El Far and Amir Sayed named as board members of SCZone
MOVES- Prime Minister Moustafa Madbouly named generals Ehab El Far and Amir Sayed as Suez Canal Authority board members, the…
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