news

Sharm El-Sheikh to host F15 expert meeting on Tuesday
02 - Mon - Dec - 2019
Sharm El-Sheikh to host F15 expert meeting on Tuesday
The Egyptian seaside town Sharm El-Sheikh will host the expert-level meetings of the Committee of Fifteen Ministers of Finance (F15) on Tuesday, 3 December.In addition, the ministerial meeting will be organised jointly with the African Union (AU) on 6 December, according to a statement released…
Egypt settles tax arrears worth EGP 500m with 30 companies
02 - Mon - Dec - 2019
Egypt settles tax arrears worth EGP 500m with 30 companies
The Egyptian Ministry of Finance has settled tax arrears worth EGP 500 million of 30 companies through the settlement of their export subsidies owed by the Export Development Fund, deputy finance minister Ahmed Kojak said.In addition, the government is also considering the settlement of additional…
Payment acceptance in Africa at crossroads - Network International
02 - Mon - Dec - 2019
Payment acceptance in Africa at crossroads - Network International
African markets are witnessing an inflection point in payment acceptance, according to new research by Network International.A white paper on “Payment Acceptance in Africa” identified an inflection point of payment acceptance growth in Africa, highlighting key trends and multiple opportunities for the banking sector.“The Payment…
Dubai CommerCity to bring latest e-commerce trends to Egypt’s RiseUp 2019
02 - Mon - Dec - 2019
Dubai CommerCity to bring latest e-commerce trends to Egypt’s RiseUp 2019
Promising entrepreneurs, tech startups, and creative gurus will be offered a sequence of events and effective exposure opportunities by Dubai CommerCity at the three-day RiseUp Summit 2019.Dubai CommerCity, the first dedicated e-commerce free zone in the Middle East, North Africa, and South Asia (MENASA) region,…
Egypt inks deals to settle export subsidy arrears with 9 companies
02 - Mon - Dec - 2019
Egypt inks deals to settle export subsidy arrears with 9 companies
 The Egyptian finance minister Mohamed Maait and the minister of trade and industry Amr Nassar have signed settlement agreements with nine companies to settle overdue export subsidies.The export subsidies will be disbursed over five years to nine companies that have set plans to inject new…