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Is the World Bank telling us to get a sovereign wealth fund of our own?
Is the World Bank telling us to get a sovereign wealth fund of our own? World Bank Group Senior Vice…
Speed Round
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CBE eases caps on withdrawals, deposits via mobile cash transfer services
The CBE has reportedly approved raising caps on cash withdrawals and deposits via mobile cash transfer services, Vodafone Egypt Sales…
House Healthcare Committee signs off on Universal Healthcare Act
LEGISLATION WATCH- The House of Representatives’ Health Committee has given its approval to the Universal Healthcare Act — the government’s…
El Sewedy Electric in talks to build six wind-powered electrical stations
El Sewedy Electric in talks to build six wind power stations: El Sewedy Electric is in talks with French utility…
RenCap bullish on Egypt, calls it a “very interesting market”
Renaissance Capital has a pipeline of investment banking transactions in Cairo, Ksenia Galouchko writes for Bloomberg. “A lot of the…
ADM abandons NCMP bid
M&A WATCH- Archer Daniels Midland (ADM) will give up its bid for the National Company for Maize Products (NCMP) now…
Peugeot Citroen reportedly ending its 41-year partnership with CDCM; Mansour Group said to be closing in for the rebound
Peugeot Citroen reportedly ending its 41-year partnership with CDCM; Mansour Group said to be closing in for the rebound :…
VAT applies to leases for retail outlets, education and health centers
VAT applies to leases for retail outlets, education and health centers: The Finance Ministry imposed yesterday the value-added tax (VAT)…
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