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Gov’t to award two-year exploration licences for winning bids in mineral exploration round
Gov’t to award two-year exploration licences for winning bids in mineral exploration round: Companies awarded blocks in Egypt’s ongoing international…
CBE cuts interest for three of its financing initiatives, raises ATM withdrawal cap
REGULATION WATCH- CBE cuts interest for three of its financing initiatives: The Central Bank of Egypt (CBE) has reduced the…
Hossam El Gamal has been appointed National Telecom Regulatory Authority (NTRA) head
MOVES- Hossam El Gamal has been appointed NTRA head. Prime Minister Mostafa Madbouly appointed Hossam El Gamal to head the…
New Retail Stores Bill comes into effect, shop owners told to comply
The recently ratified Retail Stores Bill, which imposes new licensing rules on the retail sector, took effect over the weekend…
Egyptian banks required to establish in-house financial inclusion departments
Banks are now required to set up departments to oversee financial inclusion strategies and advise the Central Bank of Egypt’s…
STC begins Vodafone Egypt due diligence
M&A WATCH- STC begins Vodafone Egypt due diligence: Saudi Telecom (STC) has begun doing due diligence on Vodafone Egypt ahead…
National gas grid usage fees rise by 29%
National gas grid usage fees go up 29%: The Gas Regulatory Authority has raised usage fees for the national gas…
What we’re tracking on 27 February 2020
Don’t expect today’s GERD talks to amount to anything more than small talk: Ethiopia is trying to back out of…
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