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Egypt could exempt charity funds from paying taxes
The Finance Ministry has agreed in principle to exempt charity funds from paying taxes in a bid to encourage the…
Agro Egypt to establish EGP 20 mn sorting and packaging station
Agro Egypt plans to establish a EGP 20 mn sorting and packaging facility in Sixth of October to double its…
Sawiris’ La Mancha plans GBP 6.6 mn investment in Altus Strategies:
Naguib Sawiris’ La Mancha mining company has signed a letter of intent to invest GBP 6.6 mn in Altus Strategies,…
EBRD, FRA provide USD 15 mn loan to fund green tech for Egyptian SMEs
EBRD, FDA provide USD 15 mn loan to fund green tech for Egyptian SMEs: The European Bank for Reconstruction and…
Egypt’s non-oil business activity falls slightly in October, but sentiment is up
Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt’s non-oil private sector remained in contraction…
Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results
EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the…
ADNOC Distribution eyeing entry into Egyptian market?
INVESTMENT WATCH- ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a…
What we’re tracking on 5 November 2019
Whether you’re looking for macro indicators, new product ideas (hint: nano-lending), debate on the EGX, or the regional IPO outlook,…
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