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Credit Agricole Egypt approves deputy CEO resignation
MOVES- Credit Agricole Egypt’s board of directors has approved the resignation of Vice Chairman Michel Mathieu (bio), according to an…
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak: The government has announced a package of fiscal…
Industry lobby pushing for three-year exemption from taxes on stock market gains
EXCLUSIVE- A leading industry association is pushing for capital gains tax exemptions for stock market investors, according to proposals by…
Ibnsina registers profits of EGP 328.7 bn in 2019
EARNINGS WATCH- Ibnsina Pharma posted annual net profits of EGP 328.77 bn in 2019, a 25.24% y-o-y increase from the…
CIB mulls issuing up to EGP 15 bn in financial instruments to fund expansion
CIB could issue up to EGP 15 bn in financial instruments to finance its planned expansion, according to a bourse…
Orascom Construction approves USD 0.30/share dividend payment
Orascom Construction’s board of directors approved on Sunday a dividend payout of USD 0.30 per share, according to a company…
SODIC shareholders approve EGP 0.5/share 2018 dividend payout
SODIC shareholders approved the board’s recommendation to proceed with a dividend payment of EGP 0.5 per share 2018, the company…
CIB shareholders approve EGP 1/share 2018 dividend
Leading private sector bank CIB’s shareholders approved a dividend payout of EGP 1 per share, the lender said in a…
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