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Saudi Telecom to purchase 55% stake in Vodafone Egypt for USD 2.4 bn; Vodafone brand + Egypt team to stay as part of transaction
M&A WATCH- Saudi Telecom to purchase 55% stake in Vodafone Egypt for USD 2.4 bn; Vodafone brand + Egypt team…
FRA to draft law to regulate fintech sector -Omran
LEGISLATION WATCH- The Financial Regulatory Authority (FRA) will begin working on a draft law to regulate the fintech industry in…
Unified tax system to be fully operational this year -Maait
Egypt’s new unified digital tax payment system is set to be fully implemented by the end of the year, Finance…
Consumer Credit Act talks to be finalized in next two weeks, FRA says
LEGISLATION WATCH- The Consumer Credit Act will be introduced to the House of Representatives within the coming two weeks, Chairman…
World Bank, IFC launch advisory program in MENA, including Egypt, to improve MSME access to finance
World Bank, IFC launch advisory program in MENA to improve MSME access to finance: The World Bank Group and the…
Raya files appeal against EGP 110 mn+ fine
DISPUTE WATCH- Raya files appeal against EGP 110 mn+ fine: Raya Holding yesterday filed an appeal against the Cairo Economic…
Egypt, ExxonMobil sign USD 332 mn in oil and gas agreements
Egypt, ExxonMobil sign USD 332 mn oil and gas agreements: The Oil Ministry has signed two new agreements with ExxonMobil…
Four Egyptian companies prepare to offer EGP 5 bn sukuk listings
DEBT WATCH- Four Egyptian companies are gearing up to issue EGP 5 bn in sukuk on the EGX, Al Shorouk…
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