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US looking to reduce peacekeeping troops in Egypt’s Sinai to trim Department of Defense budget?
US looking to reduce peacekeeping troops in Sinai to trim Department of Defense budget? The Trump administration reportedly wants to…
SPEED ROUND
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SPEED ROUND
El Sisi approves expanded emergency powers
El Sisi approves expanded emergency powers: President Abdel Fattah El Sisi has ratified amendments to the country’s emergency laws granting…
El Sisi ratifies four bills including covid-19 tax relief, income tax amendments
LEGISLATION WATCH- El Sisi ratifies four newly approved bills, including covid-19 tax relief, higher income tax exemptions: President Abdel Fattah…
Supply Ministry pushes legislation to simplify commercial registry
LEGISLATION WATCH- Supply Ministry pushes legislation to simplify commercial registry: New businesses could soon be registered under one roof under…
Swvl quietly raised USD 20 mn funding round before pandemic hit
STARTUP WATCH- Swvl “quietly” raised USD 20 mn in a funding round it closed before the outbreak of the covid-19…
Egypt-based CVentures invests in UK small business accounting app Countingup
STARTUP WATCH- CIB’s venture capital arm CVentures has invested in UK-based small business banking and accounting app Countingup, according to…
EGX launches EGX100 Equal Weight Index
The bourse is launching today the EGX100 Equal Weight Index (EWI), which allocates constituents an equal weight of 1% on…
Cabinet discusses measures to unblock EGP 65 bn assets frozen for back taxes
Low-cost stimulus: Cabinet discusses measures to unlock EGP 65 bn of assets frozen in tax disputes. Businesses may only have…
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