Sherif El Kilany‏ (LinkedIn) is stepping down from his role as vice finance minister for tax policy for personal reasons, senior government sources told EnterpriseAM. El Kilany decided to stay on long enough to wrap up the second package of tax reform measures, with the legislative amendments now finalized and expected to hit the House of representatives soon, we were told.

Why it matters: Egypt’s tax reform drive is entering a critical phase, with the government moving ahead on the new income tax law as part of a broader effort to modernize the system and widen the tax base, while also tolling out reform packages to integrate the informal economy and support investment. With major legislative changes in the pipeline, the Finance Ministry is now looking for a successor to take over the portfolio and carry the reform agenda forward.

ALSO– Al Futtaim Real Estate appointed Ahmed El Halawany (LinkedIn) as managing director of its Egypt operations, according to a company statement (pdf). He brings more than 18 years of experience in real estate development and project management across Egypt and the Middle East, including senior roles at SODIC, Orascom Development, Marakez Developments, and Emaar Misr, as well as Eagle Hills in the UAE and Morocco.

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