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Careem taps Haitham Essam to lead its Egypt business; Naeema Al Gasseer tapped as WHO’s Egypt representative
MOVES- Careem has tapped Haitham Essam (LinkedIn) as the general manager of its Egypt business, the MENA-focused ride-hailing company said…
Speed Round
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E-commerce startup Dresscode secures six-figure USD seed funding round from Egypt Ventures
STARTUP WATCH- Egyptian e-commerce startup Dresscode has secured an undisclosed six-figure USD seed funding round from Egypt Ventures, according to…
Egypt House committee nods to changes to protect assault victim identities
LEGISLATION WATCH- Amendments to protect assault victims’ identity gets committee-level nod in parliament: The House Legislative Committee greenlit yesterday amendments…
Egypt to spend EGP 30 bn on new non-profit universities under orders from El Sisi
Egypt to spend EGP 30 bn on new non-profit universities: President Abdel Fattah El Sisi has directed his government to…
Tax Authority’s electronic tax filing system will become mandatory for all companies by November
Your company looks likely to begin filing taxes electronically through the Tax Authority’s new online system as of November, according…
Sanad, Green for Growth fund to invest USD 250 mn in Egypt in 2021
INVESTMENT WATCH- Sanad, Green for Growth have earmarked USD 250 mn to invest in Egypt in 2021: The Sanad Fund…
MNHD green-lights Odin due diligence on El Nasr Civil Works
M&A WATCH- MNHD gives Odin Investments green light to start due diligence on El Nasr Civil Works: Madinet Nasr Housing…
B Investments to offload 20% of its stake in Total Egypt
M&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt: B Investments has entered talks with…
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