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Egypt’s private sector recovery gets back on track in September
Egypt’s non-oil private sector expanded for the first time in 14 months in September on the back of a rise…
Speed Round
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Egypt’s EFIA taps Moharam Helal as chairman, succeeding Farid Khamis
MOVES- The Egyptian Federation of Investors Associations (EFIA) has tapped Moharam Helal as its chairman, succeeding the late Mohamed Farid…
Egypt’s SMEs to get 50% discount on Nilex evaluation fees to help them go public
REGULATION WATCH- SMEs looking to IPO on the Nilex are getting a 50% break on evaluation fees charged by the…
Egypt’s Tax Authority to launch phase two of e-invoicing system in February 2021
A total of 340 companies will be required to submit tax returns and sales receipts electronically as of February, when…
Etisalat Misr beats Orange Egypt to snap up 20 MHz of new bandwidth
Etisalat Misr has snapped up 20 MHz of bandwidth on offer from the National Telecommunications Authority (NTRA), edging out Orange…
EIB approves EUR 750 mn loan for Egypt’s SMEs, World Bank mulls railway funding
DEBT WATCH- The European Investment Bank (EIB) has approved a EUR 750 mn facility for Banque Misr to on-lend to…
Visa partners with Egyptian e-payments platform Fawry to accelerate growth of digital payments
More of leading e-payment platform Fawry’s merchants will now have access to Visa’s digital acceptance solutions, including card and QR…
SODIC’s Eastown District project to come online in 2021
Upmarket real estate developer Sodic is on track to begin delivering units in its Eastown District New Cairo (EDNC) complex…
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