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Tanmeyah Micro Enterprise Services issues EGP 545 mn securitized bonds as part of EGP 3 bn program
DEBT WATCH- EFG’s Tanmeyah issues EGP 545 mn in securitized bonds as part of EGP 3 bn program: Tanmeyah Micro…
FinMin is pushing for online customs payments
FinMin pushes online customs receipt submissions, payments: The Finance Ministry is looking to introduce electronic customs payments through state-owned e-Finance’s…
Egypt to waive 100% of late fees on taxes, state dues repaid in full before waiver bill comes into effect
LEGISLATION WATCH- Cabinet expands forgiveness of late fees on taxes: The Madbouly Cabinet will drop 100% of interest payments and…
Egypt announces six-month ban on construction permits, halts construction of private housing in major cities to crack down on violations
Gov’t imposes six-month ban on construction permits, halts construction of private housing in crackdown on building code violations: Local Development…
Will Egypt see an influx of wheat soon?
Will Egypt see an influx of imported wheat soon? UK-based grains trader Gemcorp Commodities Trading is ready to increase the…
Egypt’s FRA to begin stress-testing NBFS institutions
FRA to begin stress-testing NBFS institutions: The Financial Regulatory Authority (FRA) has developed an analytical stress testing tool to gauge…
Energean to acquire Edison’s Egypt assets in coming months
M&A WATCH- Energean to acquire Edison’s Egypt assets in coming months: Greece’s Energean hopes to acquire Edison’s oil and gas…
South Africa’s Tana Capital acquires minority stake in Alexandria Medical Investment Company
M&A WATCH- South Africa’s Tana Capital acquires minority stake in Alexandria Medical Investment Co: South African investment firm Tana Africa…
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