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Consumer spending program to end 26 October
Consumer spending program to end 26 October: The consumer spending initiative launched by the government in July will come to…
Emaar eyes new investments in NAC, expects market to recover within a year
INVESTMENT WATCH- Emaar still bullish on Egypt’s real estate industry, eyes new capital + Sixth of October investments: Emaar Properties…
PayTabs offers services without charge to SMEs for three months starting October
Small businesses are getting access to EFG Hermes’ online payment platform PayTabsEgypt’s gateway services for three months at no charge,…
Ads are still exempt from VAT, but not stamp tax and VAT on production inputs
Broadcast ads are exempt from VAT, but subject to stamp tax and VAT on production inputs: Intermediary goods and services…
Has Sawiris just bought a controlling stake in FC Masr?
M&A WATCH- Has Sawiris just bought a controlling stake in FC Masr? Sports investment company Zed has reached an agreement…
DPI to purchase pharma manufacturer Adwia for USD 200 mn
M&A WATCH- DPI and Adwia shake hands on USD 200 mn acquisition: UK private equity firm Development Partners International (DPI)…
EBRD could extend USD 100-200 mn to two Egyptian banks for SME lending
DEBT WATCH- Banks could get another USD 100-200 mn from EBRD to on-lend to SMEs: The European Bank for Reconstruction…
Raya mulls listing Aman on EGX in 2021
IPO WATCH- Raya mulls listing Aman on EGX in 2021: Raya Holding could debut its non-banking financial service business outfit…
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