Egypt files its reform credentials ahead of IMF’s last review
The IMF mission will conduct the seventh review of Egypt’s Extended Fund Facility in mid-June
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The IMF mission will conduct the seventh review of Egypt’s Extended Fund Facility in mid-June
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset
NBE’s entry brings Scatec’s economic interest down to 40%, though the Norwegian developer retains majority control
Firms have issued a record USD 65 bn worth of hybrid bonds so far this year
The new package scraps the contentious capital gains tax, overhauls VAT for key industries, and taxes white cement for the…
The World Bank Group approved USD 1 bn in concessional financing for Egypt under the second phase of its Growth…
The new strategy aims to ease short-term pressure and expand funding sources
This comes just weeks after the snackmaker secured EGP 600 mn in financing from Arab Bank Egypt
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