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Tax Authority, banks meet to discuss implementation of new tax treatment
The Tax Authority met with a committee from the Federation Of Egyptian Banks yesterday to discuss the best way to…
FRA sets a minimum quota for SME leasing and insurance
Microinsurance and financial leasing firms will be required to create designated accounts of a minimum EGP 10 mn to support…
Global Lease in talks to increase financing portfolio by EGP 500 mn
Global Lease is in talks with four local banks, including Attijariwafa and United Bank, to increase its financing portfolio by…
Cabinet nods to law granting Egypt’s FRA operational autonomy
CABINET WATCH- Cabinet gives nod to autonomy for the Financial Regulatory Authority: The Madbouly Cabinet approved yesterday a draft act…
Egypt’s FRA makes insurance mandatory for microfinance provider
REGULATION WATCH- FRA makes insurance mandatory in micro- and SME finance: The Financial Regulatory Authority (FRA) is forcing microfinance and…
FRA’s non-banking services strategy entered into force
REGULATION WATCH- Financial Regulatory Authority is zeroing in on non-bank financial services: The Financial Regulatory Authority’s comprehensive non-banking services strategy…
CBE to relaunch its EGP 16.8 bn debt relief program
The CBE is looking likely to relaunch its EGP 16.8 bn debt relief program by no later than April, sources…
Moody’s maintains positive outlook on Egypt’s banking system
Moody’s maintains positive outlook on Egypt’s banking system: Moody’s Investors Service said in a report on Monday (pdf) that it…
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