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Also on our radar on 21 January 2021
Canada’s Bombardier will supply our monorail cars with a little help from the UK government after the country’s export fund…
The FGM clampdown
Harsher penalties for FGM that could see doctors jailed for up to 20 years were greenlit by the Madbouly Cabinet…
Big ‘W’ for private sector education
SMART POLICY- Education Ministry scraps 20% cap on foreign ownership of schools: International and private schools in Egypt will no…
Also on our radar on 20 January 2021
The mega-welfare project known as Egyptian Iron and Steel just doesn’ want to go down without a fight: The Egyptian…
Execs at top auditing firm arrested on bribery charges
The top two executives of a well-known accounting and auditing firm were arrested yesterday on charges of attempting to bribe…
FinMin issues Unified Tax Act bylaws
The Unified Tax Act’s executive regulations are up for public consultation after the Finance Ministry finalized the draft regulations, according…
Work on the high-speed electric rail won’t start until the end of the year.
Work on the USD 23 bn high-speed electric rail network will begin towards the end of the year, CEO Osama…
A handful of updates
There’s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched…
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