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Allianz Egypt appoints new chairman and vice chairman of the board
MOVES- Allianz Egypt Life Insurance Managing Director Ayman Hegazy (LinkedIn) has been appointed as chairman of the board. Hegazy succeeds…
Egypt receives 100 requests for overdue export subsidies
EXCLUSIVE- The government has received upward of 100 requests from exporters looking to settle around EGP 900 mn-worth of overdue…
Egypt is setting up a digital log of real estate asset sales to collect its 2.5% levy
EXCLUSIVE- Gov’t to digitize its log of real estate asset sales to collect 2.5% levy: The Tax Authority is setting…
Egypt to tap int’l banks to manage USD 2.5-3 bn eurobond issuance within three weeks
Gov’t to begin talks with banks over USD 2.5-3 bn eurobond issuance within three weeks: The Finance Ministry expects to…
Egyptian career advice platform Career180 secures USD 100k seed funding
STARTUP WATCH- Career advice platform Career180 has secured USD 100k in seed funding from education-focused venture capital firm EdVentures, according…
Fair share value for Emisal acquisition set before end of month
M&A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be…
Telecom Egypt could offer an additional stake on the EGX -Talaat
ECM WATCH- The state could look to trim its holdings in telecom operator Telecom Egypt (TE) in a secondary offering…
CI Capital-led consortium acquires 60% of Taaleem for EGP 1.2 bn
M&A WATCH- CI Capital-led consortium acquires 60% stake in Taaleem in EGP 1.2 bn transaction: Investment bank CI Capital and…
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