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GAFI to send Investment Act’s draft amendments to cabinet within days
LEGISLATION WATCH- GAFI drafting amendments to Investment Act? The General Authority for Free zones and Investments is planning to send…
AIND completes UE Finance buyout at EGP 14 mn
M&A WATCH- AIND completes EGP 14 mn buyout of UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND)…
CBE amends how state-subsidized mortgages to low-income households will be dispersed
CBE amends how state-subsidized mortgages to low-income households will be disbursed: The central bank amended the terms for how the…
Government to raise electricity prices next July
Reminder: Electricity prices are going up again in July: Electricity Minister Mohamed Shaker reminded the House Energy and Environment committee…
El Sisi ratifies new tax treatment for Egyptian banks
LEGISLATION WATCH- El Sisi ratifies new tax treatment for banks: President Abdel Fattah El Sisi has signed off on proposed…
Trella raises USD 600k+ in pre-seed funding round led by Algebra
EXCLUSIVE- Trella raises >USD 600k in pre-seed funding round led by Algebra: Trella, the trucking marketplace that connects shippers to…
Ride-hailing apps get the green light from top administrative court
Top court strikes down challenge to legality of Uber, Careem: The Supreme Administrative Court overturned a ban on ride-hailing apps,…
Are there division in the gov’t over how to kickstart state privatization program?
EXCLUSIVE- Could an IPO, not a stake sale, kickstart the state privatization program? The government committee tasked with managing the…
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