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HDD seeking EGP 1 bn loan
EXCLUSIVE- Heliopolis Housing & Development in the market for a EGP 1 bn loan: Heliopolis Housing & Development (HDD), a…
Speed Round
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Lebanon’s EuroMena taps Lazard to advise on exit from two Egyptian businesses
Lebanon’s EuroMena taps Lazard to advise on exit from two Egyptian businesses: Lebanon’s EuroMena Funds has tapped global advisory firm…
Trade Minister issues amendments to Industrial Registry Act’s exec regs
REGULATION WATCH- Factory owners get a small break with amendments to regulations under the Industrial Registry Act: Trade and Industry…
Slowly, slowly, policymakers look for ways to impose capital gains tax on stock market transactions
Someday, somehow, EGX trades could be subject to the capital gains tax: The Tax Authority is mulling the formation of…
Parliament passes Cyber Crimes Act
LEGISLATION WATCH- Parliament’s general assembly gave its final approval yesterday to the Cyber Crimes Act, Al Mal reports. The law…
PMI sees business conditions declining in May
Business conditions in the non-oil private sector declined during May, according to the Emirates NBD PMI reading (pdf) compiled by…
House signs off on income tax cuts, raising minimum threshold for exemptions
House signs off on income tax cuts, raising minimum threshold for exemptions: The House of Representatives’ general assembly signed off…
House passes FY2018-19 budget
The House of Representatives signed off on the FY2018-19 budget during yesterday’s general assembly session, Reuters reports. The budget, which…
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