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MoneyFellows announces EGP 50 mn series A investment round
INVESTMENT WATCH- MoneyFellows announces series A investment round: Fintech startup MoneyFellows is looking to raise EGP 50 mn in its…
Madbouly Cabinet approves amendments to the Investment Act
CABINET WATCH- Madbouly Cabinet approves amendments to the Investment Act: The Madbouly Cabinet approved on Wednesday amendments to the Investment…
Committee finishes small enterprises tax draft law
EXCLUSIVE- VAT minimum registration requirements to be amended as an incentive to SMEs: The government is set to amend the…
Foreign holdings in Egyptian treasuries up to USD 15.8 bn
Foreign holdings in Egyptian treasuries up to USD 15.8 bn: Foreign investors held USD 15.8 bn of Egyptian treasury bills…
AfDB plans USD 1.2 bn of financing to Egypt over 2019 and 2020
EXCLUSIVE- AfDB plans USD 1.2 bn of financing to Egypt in 2019 and 2020: The African Development Bank (AfDB) is…
Alabbar, Saudis gobble up 25% of shares on offer from Eastern Company stake sale
Alabbar, Saudis gobble up 25% of shares on offer from Eastern Company stake sale: Emirati businessman and chairman of Emaar…
Draft Pensions Act to make it to Egypt’s House March-end
LEGISLATION WATCH- Gov’t to establish independent body to supervise pensions: The government is planning to do away with a provision…
Americana’s Adeptio to challenge FRA rejection of MTO-related appeal before court
M&A WATCH- Americana’s Adeptio to challenge FRA rejection of its appeal against MTO decision: The Egyptian International Tourism Projects Company’s…
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