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Maait denies Egypt is planning to raise stamp tax rates
The Finance Ministry is not planning to raise stamp tax rates, Maait said at the Euromoney conference yesterday, according to…
FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait
FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait: The Finance Ministry has disbursed over the past few…
Egypt’s state-owned e-Finance to go public by the end of the year, says chairman
IPO WATCH- Is the e-Finance IPO back on for 2019? The planned initial public offering of state-owned payments platform e-Finance…
Egypt to issue up to USD 7 bn in int’l bonds in FY2019-2020 -Maait
The Finance Ministry plans to issue USD 3-7 bn in international bonds during FY2019-2020, Finance Minister Mohamed Maait said on…
CBE boss Tarek Amer to become chairman of Alliance for Financial Inclusion
MOVES- Central Bank of Egypt Governor Tarek Amer will on Tuesday assume the chairmanship of the Alliance for Financial Inclusion’s…
Hatem Sabry tapped as Egyptian transport app Swvl’s Vice President of Finance
MOVES- Hatem Sabry (LinkedIn) has been tapped as Vice President of Finance at mass transport app Swvl, a position he…
Mohamed Sultan resigns as CEO of Egyptian real estate developer Palm Hills
MOVES- Mohamed Sultan (LinkedIn) has resigned from his position as CEO of real estate developer Palm Hills, the company said…
Cleopatra Hospitals reports 27% dip in 1H2019 net profits
EARNINGS WATCH- Cleopatra Hospitals Group reported a 27% y-o-y dip in 1H2019 net profits to EGP 97.7 mn compared to…
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