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FinMin collects EGP 30 bn in back taxes after settling 30k tax disputes
FinMin collects EGP 30 bn in back taxes after settling 30k tax disputes: The Finance Ministry settled more than 30k…
Real estate developer HHD to announce new strategy in the coming two weeks
The board of EGX-listed HHD will announce a new corporate strategy in the coming two weeks, Public Enterprise Minister Hisham…
Cabinet approves emergency medical response fund, USAID allocations for education and agriculture
CABINET WATCH- Cabinet approves emergency medical response fund, USAID funding for education and agriculture: The Madbouly Cabinet approved during its…
Lebanese protesters take to streets, occupy gov’t buildings in aftermath of blast
Lebanese protesters took to the street yesterday in the aftermath of last week’s explosion, which killed at least 158 people…
EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez
The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind…
Egypt’s banks can now hold larger stakes in payment processing companies
REGULATION WATCH- Banks are now allowed to hold larger stakes in payment processing companies after the Central Bank of Egypt…
Amer calls for huge IMF, World Bank rescue package for Africa
Amer calls for huge IMF, World Bank rescue package for Africa: Central Bank of Egypt Governor Tarek Amer has called…
Egypt’s foreign reserves rise for the second month running in July
Foreign reserves tick up in July: Egypt added USD 150 mn to its foreign reserves in July, marking the second…
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