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Egypt’s industry lobbies for cheaper gas, lower industrial property taxes
Manufacturers lobby for cheaper gas: Prime Minister Moustafa Madbouly has promised to consider revising downward the price manufacturers pay for…
Policy
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House MP wants to fix divorce rates by limiting ‘khula’ law
House Rep. Suleiman El Emeiry has requested that the government draft a bill that would impose greater restrictions on women’s…
House committee working on bill to manage population growth
The House Defense and National Security Committee is working on a bill to control Egypt’s rapidly growing population through offering…
FRA releases memo to clarify year-end reporting for Egypt’s listed companies
The Financial Regulatory Authority (FRA) has released a memo clarifying the Capital Markets Act’s regulations on financial disclosures for listed…
Gov’t to exclude some 500k ineligible families from Egypt’s social safety net
The government is planning to exclude at least 500k ineligible families from social safety programs by June 2019 to better…
Al Baraka Bank Egypt expects new tax treatment to hit 2019 profits
Al Baraka Bank expects its 2019 profits to decline by 5-7% as a result of proposed amendments to the tax…
Egypt’s new framework for short-term bonds, instruments published in Gazette
Egypt’s new framework for short-term bonds, instruments published in Official Gazette: The recent decision by the Financial Regulatory Authority, setting…
FinMin to apply tax treatment of Egypt debt holdings to both bank, corporates
Corporates will see the tax treatment of their income from state debt change, too: Corporations will join banks in seeing…
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