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FinMin wants to impose stamp tax on social media ads of up to 20%
EXCLUSIVE- FinMin could impose stamp tax of up to 20% on social media ads: The Finance Ministry appears set to…
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What we’re tracking on 21 January 2019
The World Economic Forum gets underway in Davos this morning and runs through Friday. The theme: “Globalization 4.0: Shaping global…
10k CIB corporate clients using online platforms to access GTS services
10,000 corporate clients of CIB’s global transaction services (GTS) department are using online platforms to access its services, Chief Digital…
Emirates NBD Egypt named best bank in 2018 by The Banker Africa
Emirates NBD Egypt has received The Banker Africa’s “Best Bank in Egypt in 2018” award for the second consecutive year,…
Government shows big appetite for Egypt’s T-bills as yields fall
Government T-bill yields go the way of bonds: Meanwhile, it appears that yields on government bills are following bonds downwards.…
Egypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants
Electrical engineering company Intelligent Micro Solutions (IMS) has partnered with an EU-based and a US-based company to build USD 50…
Egypt secures USD 1.2 bn China EximBank loan for NAC light railway
Egypt secures USD 1.2bn China EximBank loan for new capital light railway: China’s Export-Import Bank (EximBank) has agreed to extend…
Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative
The Central Bank of Egypt (CBE) has excluded retail-focused SMEs from its facilitated financing initiative in a bid to reroute…
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