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Foreign holdings of Egyptian treasuries rise to USD 14.6 bn in February
Foreign holdings of Egyptian treasuries rose to USD 14.6 bn in February (EGP 249.6 bn) , compared to USD 13.7…
S&P gives its two cents on Egypt’s post-IMF landscape during Q&A
EXCLUSIVE- S&P’s two cents on Egypt’s post-IMF landscape: Egypt has begun to see the “small green shoots of recovery” but…
Government to collect VAT from download sites
EXCLUSIVE- Government to required download sites to charge and remit VAT: The Finance Ministry’s central value-added tax department is currently…
CBE boss presents draft Banking Act to cabinet
LEGISLATION WATCH- Central Bank of Egypt Governor Tarek Amer presented to the Cabinet economic group yesterday an amended draft of…
List of e-commerce no-nos issued as CBE orders aggregators and payment facilitators must offer guarantees to banks
REGULATION WATCH- Crypto is on the CBE’s list of online no-nos as the regulator orders aggregators and payment facilitators to…
Home electricity prices could rise 30-60% in July as Egypt phases out subsidies
Residential electricity prices could increase by 30-60% after the next round of subsidy cuts that will take place at the…
What we’re tracking on 15 May 2019
Good morning, friends — take heart, it is nearly the weekend. Still, we have plenty of interesting news for you…
Egypt caps FY2019-20 state spending at EGP 1 tn
EXCLUSIVE- Gov’t caps FY2019-20 public spending at EGP 1 tn: The government has placed a EGP 1.01 tn cap on…
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