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Ibnsina agrees with Novartis to begin distributing Alcon products in Egypt
Ibnsina to distribute Novartis’ Alcon products in Egypt: Ibnsina Pharma will distribute global eye care product manufacturer Novartis’ Alcon’s products…
Speed Round
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FRA grants SODIC grace period to submit MTO for MNHD acquisition
M&A WATCH- FRA grants SODIC 60-day grace period to submit MTO for MNHD acquisition: The Financial Regulatory Authority (FRA) has…
FRA drafting new regulations for IPO bookbuilding process
REGULATION WATCH- FRA drafting new regulations for IPO bookbuilding process: A Financial Regulatory Authority (FRA) committee is looking at new…
Tax Authority to discuss fees on new mobile phone lines with MNOs following drop in Egypt’s subscribers
EXCLUSIVE- Tax Authority to discuss fees on new mobile phone lines with MNOs following drop in subscribers: The Tax Authority…
Central Bank of Egypt finalizes draft Banking Act, sends to Cabinet for review
LEGISLATION WATCH- The central bank has finished drafting its new Banking Act and has sent it to the Madbouly Cabinet…
Egypt’s parliament committee gives nod to proposed amendments to Income Tax Act
LEGISLATION WATCH- Proposed changes to how banks are taxed get committee-level approval in the House: The House Planning and Budget…
FinMin says it’s willing to revisit tax scheme under Egypt’s Universal Healthcare Act
FinMin signals it may be willing to revisit tax scheme under Universal Healthcare Act: The Finance Ministry is “willing” to…
CI Capital plans to launch mortgage financing unit by early 2Q2019
CI Capital plans to launch mortgage financing arm by early 2Q2019: CI Capital has submitted a request to the Financial…
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