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FinMin decides to raise stamp tax on mobile phone bills to EGP 12
EXCLUSIVE- FinMin committee examines stamp tax overhaul: A Finance Ministry committee is looking would could be a “large number” of…
Egypt’s FRA signs off on new IPO regulations that could compel share buybacks
REGULATION WATCH- New IPO regulations from FRA compel share buybacks of stocks that underperform in their EGX debuts: The lead…
Fight Club for finance’s top brass
Fight Club for finance’s top brass: The world of finance has a secret, exclusive, and unnamed club whose members are…
Banque Misr-led consortium agrees to increase loan for El Canal Sugar
A banking consortium led by Banque Misr has signed contracts to increase its syndicated loan to El Canal Sugar Company…
Sarwa Capital’s Plus Leasing in talks for EGP 600 mn loan
Sarwa Capital subsidiary Plus Leasing has begun talks with CIB, the National Bank of Egypt, and the Arab African International…
Egypt’s banks need to set aside additional capital for credit concentration risks
New requirements from Central Bank of Egypt on management of portfolio concentration risk: Commercial banks are now required to set…
Egypt mulling renewing USD 23 bn Aramco agreement
Gov’t mulling renewal of USD 23 bn Aramco agreement: The government is studying whether to renew its five-year agreement to…
Gov’t raises ceiling of eurobond program to USD 30 bn ahead of issuance
The government has raised the limit of Egypt’s eurobond program to USD 30 bn from USD 20 bn, according to…
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