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FinMin, FEB reach agreement on new tax treatment deductibles
EXCLUSIVE- FinMin, FEB reportedly reach agreement on cost-to-income ratio in new tax treatment: The Finance Ministry and the Federation of…
Rami Malek wins Best Actor Oscar
Egyptian-American actor Rami Malek won Best Actor at the Oscars for his performance as Queen’s Freddie Mercury in “Bohemian Rhapsody,”…
EU-Arab League summit finishes, bringing little to the table
EU-AL summit finishes without breakthrough agreement on migration: The EU-Arab League summit closed yesterday without a formal agreement between European…
The Egyptian startup scene looks to Africa
The Egyptian startup scene looks to Africa: Egyptian startups and venture capital funds are eager to expand into other African…
Egytrans reports 45.9% fall in net profits to EGP 41.8 mn in FY18
EARNINGS WATCH- Egytrans has reported a FY2018 net profits of EGP 42 mn, down nearly 46% on the previous year,…
FRA finished Insurance Act draft, to present it for dialogue next week
LEGISLATION WATCH- FRA finishes Insurance Act draft: The Financial Regulatory Authority (FRA) has completed drafting a new Insurance Act and…
Parliament committee approves Economic Courts Act amendments
LEGISLATION WATCH- House committee gives nod to widening the jurisdiction of economic courts: The House of Representatives’ Legislative Committee has…
MIDOR reaches closure for USD 1.2 bn loan with Zaki Hashem as advisor
Middle East Oil Refinery (Midor) has reached financial close on what is believed to be a USD 2.2 bn-expansion and…
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