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Egypt creates guide for internal government auditing process
The Finance Ministry has created issued criteria for government auditors to assess during internal audits of government bodies to help…
Construction of New Suez City, West Port Said to start in 2020
Egypt will begin construction works in New Suez City and West Port Said at the beginning of next year, Deputy…
Cabinet approves disbursal of EGP 500 mn in overdue subsidies to Egyptian exporters
CABINET WATCH- Ministers approve disbursal of EGP 500 mn in overdue export subsidies: The Madbouly Cabinet signed off on disbursing…
Egypt expands customs clearance “green channel” to include SMEs
Gov’t expands customs clearance “green channel” to include SMEs: The government has decided to expand its “green channel” system for…
FinMin issues guidelines for state bodies' standalone budgets for FY2020-2021
BUDGET WATCH- FinMin issues guidelines for state bodies' budgets for FY2020-2021 ahead of drafting full budget: The Finance Ministry has…
Egypt successfully closes USD 2 bn triple-tranche eurobond issuance
Egypt successfully closes USD 2 bn triple-tranche eurobond issuance in first int’l debt auction for FY2019-2020: Egypt sold USD 2…
Egypt passes Investment Act exec regs amendments to collect data on foreign investment
LEGISLATION WATCH- Investment Act amendments require public, private entities to submit data on foreign investment assets to GAFI: Prime Minister…
Gov’t expects Egypt’s exports to grow 20% y-o-y in 2019, Nassar says
The government is expecting Egypt’s exports to be growing at a clip of 20% y-o-y by the end of this…
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