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FinMin, EGX to restore the old capital gains tax regime
EXCLUSIVE- Gov’t to restore the old capital gains tax regime under its latest proposal: A government committee looking to amend…
Cairo-based ride-hailing startup Halan launches advertising service
STARTUP WATCH- Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan has launched Halan Ads, allowing companies to advertise on its fleet,…
Gulf Capital-owned fund looking to compete for 100% stake in Egypt’s Arab Dairy
M&A WATCH- GC Equity Partners III fund looking to compete for 100% stake in Arab Dairy: UAE-based Gulf Capital’s GC…
Israel’s export of gas into Egypt said to be delayed due to hang up in regulatory clearances
Israeli gas exports to Egypt delayed on regulatory hangups? The operators of Israel’s largest gas fields, branded as the Tamar…
Telecom Egypt plans to invest EGP 17 bn through 2020
INVESTMENT WATCH- Government-owned carrier Telecom Egypt (TE) is planning to invest EGP 17 bn through 2020, Reuters reports. The company…
Egypt’s T-bond yields hit new 14-month lows
T-bond yields hit new 14-month lows: Yields on T-bonds fell to their lowest levels since May 2018 in a bond…
EGX30 falls 4.3% in 2Q2019
The EGX30 fell 4.3% y-o-y in 2Q2019, the Egyptian Bourse said in its quarterly report (pdf). Total market capitalization came…
Is Egypt’s fuel pricing mechanism coming into effect this month?
Is Egypt’s fuel pricing mechanism coming into effect this month? Speculation is rife in the local press that the Oil…
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