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Schneider Egypt inks settlement on overdue export subsidies
Schneider inks settlement on overdue export subsidies: Schneider Electric has signed an agreement with the government that should see it…
FrieslandCampina yet to make acquisition offer to buy cheesemaker Arab Diary
M&A WATCH- Arab Dairy waiting on FrieslandCampina to make an acquisition offer: Netherlands-based FrieslandCampina has completed due diligence to acquire…
Gov’t looking to reduce Egypt’s budget deficit to 5% within two years -Maait
The government is looking to reduce Egypt’s budget deficit to 5% within two years, which would bring it to a…
Egypt finishes initial draft of new income tax law
LEGISLATION WATCH- Initial draft of new income tax law ready: The Finance Ministry has completed incorporating suggestions from the business…
Thousands of Thomas Cook reservations in Egypt canceled as company goes bust
Thousands of Thomas Cook reservations in Egypt canceled as company goes bust: Egypt could lose thousands of tourists after British…
Gov’t committee close to finalizing incentives package for new listings on Egypt’s bourse
EXCLUSIVE- Gov’t committee close to finalizing package of incentives for new EGX listings: A government committee has been working to…
Trump renews support of Egypt’s El Sisi in light of recent protests
US President Donald Trump extended his support to President Abdel Fattah El Sisi amid the recent protests during a meeting…
EGX sell-off continues amid protest fears
Shares on the Egyptian Exchange slid again yesterday as investors and the business community alike continued to wrestle with the…
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