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FRA gives Raya founder until 28 December to submit MTO
M&A WATCH- Raya Holding founder Medhat Khalil has until 28 December to submit bid for 100% of the company he…
Egypt’s poverty rate set to rise in as-yet-unreleased CAPMAS report?
Take this with a grain of salt, but: Will the official poverty rate rise in soon-to-be-released gov’t report? The poverty…
FinMin rejects Egypt’s exporters’ remuneration proposal
FinMin rejects exporters’ request for tax waivers: Finance Minister Mohamed Maait has turned down a proposal from exporters for tax…
Eastern Co. to proceed with 4.5% stake sale when share price is at EGP 18.70
IPO WATCH- Eastern Company won’t go ahead with its planned 4.5% stake sale until its share price reaches EGP 18.70,…
FinMin looking to replace Real Estate Tax Act with new legislation streamlining appraisal process
EXCLUSIVE- Proposed amendments to real estate tax could be a ‘temporary measure’ ahead of full re-write of bill: A bill…
Release of IMF funding held up over oil pricing mechanism; cost of insuring Egyptian debt inches up
Release of IMF funding held up over fuel pricing mechanism? The delay in the IMF’s approval on the release of…
Correction- Ruling on pharma corruption case
CORRECTION- We mistakenly said in yesterday’s issue that the Cairo Economic Court has postponed to 19 February the issuance of…
Careem and Dubai government to launch white taxi company in Dubai
Careem strikes a partnership with Dubai to manage white taxis: Ride-hailing company Careem is launching a company with Dubai’s Road…
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