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Gov’t working on a single card for citizens to receive social welfare benefits and subsidies
CABINET WATCH- “Meeza” debit card to encompass all government services: The government is working to expand its new “Meeza” state…
Speed Round
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CBE to restructure Egypt treasuries auctions
CBE to restructure treasury auctions and sales: The central bank, cooperation with the Finance Ministry, is looking to shake up…
All Egypt joint stock companies must register shares in Misr Clearing by January
REGULATION WATCH- All joint stock companies must register shares in Misr Clearing by January — or else: The Madbouly government…
TUI to launch two new Marsa Alam, Hurghada hotels, Ukrainians love Egypt
INVESTMENT WATCH- UK-based travel tourism company TUI will launch two new concept hotels, one each in Marsa Alam and Hurghada,…
Russia’s Metprom to invest EUR 210 mn in two steel projects in Egypt
INVESTMENT WATCH- Russia’s Metprom to invest EUR 210 mn in two steel projects: Russian metallurgy company Metprom is planning to…
Algebra Ventures joins USD 16 mn series ‘C’ funding for the UAE’s HolidayMe
INVESTMENT WATCH- Algebra Ventures joins USD 16 mn series ‘C’ funding for the UAE’s HolidayMe: Our friends at Algebra Ventures…
Competition watchdog aiming for out-of-court settlement of EGP 5.6 bn fine for pharma distributors?
Competition watchdog aiming for out-of-court settlement with pharma distributors? The Egyptian Competition Authority (ECA) is reportedly looking to reach an…
Gov’t to force banks to separately account for income from holdings of state debt
Banks will be required to separately account for their earnings on holdings of t-bills and gov’t bonds: The Madbouly Cabinet…
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