Egypt News Egypt to issue $3 bln Eurobond in Sept-Oct, impose VAT by Sept aya salah Jun 28, 2016 0 Egypt's finance minister said on Monday the country would look to issue a $3 billion Eurobond between September…
International News Britain’s EU commissioner, finance chief Hill, resigns Noha Gad Jun 26, 2016 0 The British member of the EU executive, Financial Services Commissioner Jonathan Hill, resigned on Saturday after…
International News China’s finmin sees ‘Brexit’ heightening uncertainty for markets Noha Gad Jun 26, 2016 0 China's finance minister and leading economists on Sunday voiced concerns about Britain's vote to leave the…
Tech news Airbnb gets $1 billion debt facility to fund expansion Ghada Ismail Jun 16, 2016 0 Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
Banks SFD to ink $2.8 mln finance package with Egypt’s state agriculture bank Yomna Yasser Jun 15, 2016 0 Egypt’s main agricultural lender PBDAC will sign Thursday a financing package deal with the country’s Social Fund…
Egypt News VAT draft law to be sent to parliament within days: Minister aya salah Jun 7, 2016 0 The State Council finished reviewing the draft law of value-added tax (VAT). The law was sent to the government,…
Industry & Trade Egypt’s Hikma Pharmaceuticals launches new unit to bring advanced medicines to… Ghada Ismail Jun 5, 2016 0 Hikma Pharmaceuticals Egypt announced the launch of its new business unit “Hikma Specialized Egypt” as part of…
Tech news Oracle hit with whistleblower lawsuit over cloud accounting Ghada Ismail Jun 2, 2016 0 Oracle Corp was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation…
Egypt News Egypt’s finance ministry releases VAT-free goods and services list aya salah May 21, 2016 0 Egypt's finance ministry has listed 52 commodities and services that will be exempted from a new value-added tax…
International News IMF contingent measures impossible to legislate; Greek finmin says Noha Gad May 8, 2016 0 Greece is applying reforms to meet bailout pledges but extra contingency measures demanded by the IMF are…