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Egyptian Accounting Standards brought in line with IFRS regs under new amendments
Egyptian accounting standards change: Investment and International Cooperation Minister Sahar Nasr issued on Thursday amendments to the Egyptian Accounting Standards…
ECA launches poll to assess effects of Uber, Careem acquisition agreement
Competition authority launches polls on Uber-Careem tie-up: The Egyptian Competition Authority (ECA) has launched two opinion polls for drivers and…
Senior Counsel Mohamed Barakat joins Baker McKenzie
MOVES- Mohamed Barakat (LinkedIn) has joined Baker McKenzie Cairo’s corporate mergers and acquisitions practice as a counsel, the law firm…
Amr El Garhy appointed non-executive chairman of Misr Iran Development Bank
MOVES- CBE pushing for leadership shakeup in banking sector? The Central Bank of Egypt is actively shaking up the C-suites…
Giza Spinning & Weaving pushes IPO to 3Q2019
IPO WATCH- Giza Spinning and Weaving pushes IPO to 3Q2019: Privately-owned Giza Spinning & Weaving Company has pushed to September…
Gov’t bases 2019-20 budget on stronger EGP
Gov’t sees EGP staying strong in 2019-2020 budget: The government is basing its 2019-20 budget on the average exchange rate…
El Sisi unveils public sector wage, pension increases
The minimum wage is going up for state employees — but apparently not for the private sector. The public sector…
Egypt to take EUR-denominated eurobond issuance to market next month
Egypt to take EUR-denominated eurobond issuance to market next month: The Finance Ministry is planning to sell up to EUR…
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