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Amendments to VAT Tax Act to raise sin tax in Egypt
LEGISLATION WATCH- Amendments to VAT Tax Act raises sin tax on tobacco products, imposes brand new taxes on e-cigs: Official…
What we’re tracking on 25 February 2020
We have a packed issue for you this morning thanks to a busy news day both here at home and…
Egypt’s central bank studying plan to hedge against bank investments in SMEs
CBE studying plan to hedge against bank investments in SMEs: The Central Bank of Egypt (CBE) and its newly established…
Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act
LEGISLATION WATCH- Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act: The Finance Ministry has completed the…
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance
FinMin taps four banks to manage Egypt’s first sovereign green bond issuance: The Finance Ministry has tapped Credit Agricole, Citibank,…
Almarai receives USD 100 mn EBRD loan for Egypt, Jordan investment
The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…
Egypt’s Tax Authority to test electronic tax filing for businesses in April
The Tax Authority will roll out on a trial basis its electronic tax filing system in April, ahead of making…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
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