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Egypt House committee nods to changes to protect assault victim identities
LEGISLATION WATCH- Amendments to protect assault victims’ identity gets committee-level nod in parliament: The House Legislative Committee greenlit yesterday amendments…
Egypt to spend EGP 30 bn on new non-profit universities under orders from El Sisi
Egypt to spend EGP 30 bn on new non-profit universities: President Abdel Fattah El Sisi has directed his government to…
Tax Authority’s electronic tax filing system will become mandatory for all companies by November
Your company looks likely to begin filing taxes electronically through the Tax Authority’s new online system as of November, according…
Sanad, Green for Growth fund to invest USD 250 mn in Egypt in 2021
INVESTMENT WATCH- Sanad, Green for Growth have earmarked USD 250 mn to invest in Egypt in 2021: The Sanad Fund…
MNHD green-lights Odin due diligence on El Nasr Civil Works
M&A WATCH- MNHD gives Odin Investments green light to start due diligence on El Nasr Civil Works: Madinet Nasr Housing…
B Investments to offload 20% of its stake in Total Egypt
M&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt: B Investments has entered talks with…
Middle East M&A activity continues to fall due to covid-19 pandemic
M&A WATCH- The value of M&A activity in the Middle East fell 58% y-o-y in 1H2020, outpacing the global average…
Egypt’s tourism losses could top 2% of GDP this year, IMF says
Egypt could lose out on tourism revenues worth more than 2% of its GDP this year due to global travel…
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