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Electricity prices to rise an average of 15% in FY2019-2020
Electricity prices to rise an average of 15% in FY2019-2020: Average electricity prices will rise by 15% from 1 July,…
Commercial banks could see capital requirements rise tenfold under Banking Act amendments
LEGISLATION WATCH- Capital requirements for commercial banks could rise tenfold to EGP 5 bn under proposed amendments to the Banking…
Clarification
CLARIFICATION- We noted yesterday GB Auto Chairman Raouf Ghabbour’s sit-down with Al Masry Al Youm, in which he spoke of…
Seven Egyptian startups make 2019 Global Entrepreneurship Summit
Seven Egyptian startups have been selected to participate in the 2019 Global Entrepreneurship Summit (GES)due to take place 3-5 June…
Hosni Mubarak sees Trump’s Middle East peace plan as cause for concern
Mubarak sees Trump’s Middle East peace plan as cause for concern: Recent developments in the Israeli-Palestinian conflict are cause for…
Barrick Gold mulls investment in Egypt’s Arabian-Nubian Shield
Barrick Gold could be eyeing assets in Egypt’s Arabian-Nubian Shield, Seeking Alpha reported CEO Mark Bristow as saying. The mining…
EFG Hermes to begin operations in Vietnam through partnership with ACBS
EFG Hermes to begin operations in Vietnam through partnership with ACBS: EFG Hermes has signed a partnership agreement with Vietnam’s…
Tax Authority to exempt exporters from cargo services VAT
EXCLUSIVE- Tax Authority exempts exporters from paying VAT on shipping services: The Tax Authority has issued a decree that will…
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