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Earnings watch: Sodic, Edita, GB Auto, TMG
EARNINGS WATCH- Sodic reports strong growth in contracted sales, guides for 15% sales growth this year: Sodic’s net profit rose…
Report: Only 4% of Internet users in Egypt own digital currencies
Around 4% of all internet users in Egypt own some form of digital currency, according to We Are Social’s Digital…
Garment IO secures USD 450k in seed funding
STARTUP WATCH- Garment IO secures USD 450k in seed funding: Cairo-based software company Garment IO has raised USD 450k in…
Emerald’s shares rise 3.46% on EGX debut day
IPO WATCH- Emerald’s shares rise on EGX debut day: Small cap real estate investment firm Emerald’s share price edged up…
Education Ministry wants House to approve Unified Technical Education Act this session
LEGISLATION WATCH- Unified Technical Education Act to get House approval this session? The Education Ministry is looking to get the…
Egypt’s temporary tax dispute resolution bill activated
LEGISLATION WATCH- Temporary tax dispute resolution bill goes into effect: The Egyptian Tax Authority is operating on the basis of…
Egypt’s Damietta Port Authority slapped USD 494 mn fine in DIPICO dispute
DISPUTE WATCH- Damietta Port Authority slapped USD 494 mn fine in DIPCO dispute: The International Court of Arbitration (ICC) has…
Cabinet approves Public Enterprises Act amendments
CABINET WATCH- The Madbouly Cabinet approved yesterday amendments to the PublicEnterprises Act after including comments and proposed changes from the…
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