A bill that would increase the prices of 27 different government services in FY2017-18 has been moved over to the House of Representatives’ next session, Al Borsa said on Sunday. Discussions over the bill — which would hike the fees for passport issuance, expat resident visas, and vehicle registration — have been on hold since April, as MPs have been wary of issuing any service fee increases in light of rising inflation levels.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…