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Egypt is safer than the US and the UK, the 2018 Global Law and Order Report finds
Egypt is safer than the US and the UK, according to a global ranking by Gallup. The 135-country survey saw…
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EEHC signs USD 900 mn syndicated loan, underscoring foreign lenders’ appetite for Egypt
And speaking of electricity: The Egyptian Electricity Holding Company secured on Tuesday a USD 900 mn syndicated loan agreement, sources…
El Sisi defends 26% hike in electricity prices
El Sisi defends 26% hike in electricity prices: The government spends USD 18.6 bn on subsidies to cover fuel, food…
Pharma companies are using higher electricity prices as a pretext to call for a med price raise
Pharma companies are using higher electricity prices as a pretext to call for higher med prices: Pharma manufacturers are planning…
FRA rejects Cleopatra Hospital’s bid to acquire El Nozha
In other news from the FRA: The regulator has apparently rejected Cleopatra Hospitals’ bid to acquire El Nozha International Hospital,…
Listed companies will have to submit FS, auditor’s report to FRA at least a month before general assembly
Another day, another FRA regulatory change — this one gives you more paperwork to file ahead of your AGM: The…
Uber and Careem now have to charge VAT, remit it retroactively
Uber and Careem now have to charge VAT on rides, remit VAT retroactive to when tax first came into effect:…
Three investment banks pitching for Eastern’s sale of 4% stake
IPO WATCH- Three investment banks are reportedly pitching to advise Eastern Tobacco on its sale of an additional 4% stake…
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