The House of Representatives would only amend the controversial NGO Act only if its implementation would adversely impact the performance of NGOs, said the leader of the Support Egypt Coalition — the largest bloc in the House — Mohamed Elsewedy. This was the message the House delegation relayed to US congressional leaders last week, Elsewedy told reporters on Monday, Ahram Online reports.
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…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…