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Oil, finance ministries agree on tax treatment of oil, gas, and mining properties
Oil and gas companies to pay real estate tax taxes based on field development costs: The ministries of oil and…
Speed Round
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Everybody wants to factor
Factoring is all the rage: Egyptian financial services firms are looking to get into factoring (the world’s second-oldest profession?). Sarwa…
Short-selling to be introduced early in 2019, futures market regs under study this year
**#6 REGULATION WATCH- Short-selling to be introduced early in 2019, not this month: Shorts will be on the menu for…
Gov’t is in talks with “at least” one bank about potential wheat hedging
The government is already in talks with “at least” one bank over its planned wheat hedging program, an unnamed government…
EFG concludes advisory services on first IPO in Oman with DGC listing
**#5 EFG concludes advisory on first IPO in Oman with DGC listing: EFG Hermes announced yesterday it had taken Oman-based…
Careem reportedly exits Swvl
Careem reportedly exits Swvl: Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims, citing sources…
IFC wants to get in on state privatization program with stake purchases
IFC has appetite for state privatization program: The International Finance Corporation could have appetite for shares that could be offered…
Carbon Holdings to sell 30% stake in 2Q2019 IPO
**#4 IPO WATCH- Carbon Holdings to sell 30% stake in 2Q2019 IPO: Carbon Holdings plans to sell a 30% stake…
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