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FinMin to work with Egypt’s banks on mitigating the impact of the new tax treatment
EXCLUSIVE- Tax officials spreading oil on troubled waters after flap over tax treatment of bank holdings of gov’t debt: Tax…
Egypt seeks World Bank, IMF support to include “informal sector” in GDP
Egypt wants World Bank and IMF to include the parallel economy in GDP: Egypt’s central bank wants the World Bank…
Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
Enterprise is hiring
** WE’RE HIRING: We’re looking for smart, talented, and seasoned journalists and editors to join our team at Enterprise, which…
Correction on monthly inflation figure
CORRECTION- Monthly inflation came in at “-0.8%” in November — which means prices declined 0.8% throughout the month. Please excuse…
More color on Egypt bond issuance program expected in January
The Madbouly government will release details on its 1Q2019 international bond issuances sometime in January, according to remarks attributed to…
Egypt’s Elsewedy, Afreximbank ink USD 500 mn loan agreement
Elsewedy, Afreximbank ink USD 500 mn loan agreement: Elsewedy Electric signed a USD 500 mn loan agreement with the African…
Egyptian startup Wasla lands USD 180,000 in its pre-seed investment round
INVESTMENT WATCH- Startup Wasla lands USD 180k in its pre-seed investment round: Android browser Wasla landed USD 180,000 in a…
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