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Mortgage Finance Fund to receive USD 60 mn loan from World Bank in June
The Mortgage Finance Fund (MFF) will receive c.USD 60 mn from the World Bank this June, Chairman Mai Abdel Hamid…
Egypt mulls using coded stickers on imports to curb customs, tax evasion
EXCLUSIVE- Government mulls using coded stickers on all imports to curb customs, tax evasion: The government is considering using band…
Bank Audi to make bid for NBG’s Egypt arm within a week
M&A WATCH- Bank Audi to make bid for NBG’s Egypt arm within a week: Bank Audi has completed due diligence…
Delek looking to buy stakes in Egypt’s Damietta, Idku plants?
M&A WATCH- Delek looking to buy stakes in Egypt’s Damietta, Idku plants? Israel’s Delek Drilling is considering acquiring a stake…
Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned
Gov’t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the…
Egypt’s national minimum wage could rise by a third
National minimum wage could rise by a third: The government could raise the national minimum wage to EGP 1,400-1,600 a…
Amr Shaat steps down as deputy transport minister
MOVES- Amr Shaat has resigned as deputy transport minister, a source from the ministry tells Al Shorouk. Shaat held the…
Egyptian exchange completes procedures for African Exchanges Linkage Project
EGX completes procedures for electronic linkage between African exchanges: The Egyptian exchange has completed the necessary procedures to activate the…
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