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FRA drafting new regulations for IPO bookbuilding process
REGULATION WATCH- FRA drafting new regulations for IPO bookbuilding process: A Financial Regulatory Authority (FRA) committee is looking at new…
Tax Authority to discuss fees on new mobile phone lines with MNOs following drop in Egypt’s subscribers
EXCLUSIVE- Tax Authority to discuss fees on new mobile phone lines with MNOs following drop in subscribers: The Tax Authority…
Central Bank of Egypt finalizes draft Banking Act, sends to Cabinet for review
LEGISLATION WATCH- The central bank has finished drafting its new Banking Act and has sent it to the Madbouly Cabinet…
Egypt’s parliament committee gives nod to proposed amendments to Income Tax Act
LEGISLATION WATCH- Proposed changes to how banks are taxed get committee-level approval in the House: The House Planning and Budget…
FinMin says it’s willing to revisit tax scheme under Egypt’s Universal Healthcare Act
FinMin signals it may be willing to revisit tax scheme under Universal Healthcare Act: The Finance Ministry is “willing” to…
CI Capital plans to launch mortgage financing unit by early 2Q2019
CI Capital plans to launch mortgage financing arm by early 2Q2019: CI Capital has submitted a request to the Financial…
Gov’t settles customs payment dispute with Mercedes importer in Egypt
Gov’t settles EGP 700 mn customs dispute with Mercedes importer: The Madbouly Cabinet’s investment dispute resolution committee has settled a…
Zooba to open first US branch in Manhattan
EXCLUSIVE- Zooba raises USD 4mn in funding for drive to expand into New York. Our friends at Egyptian street food…
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