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Rebranded Egyptians Abroad Co Odin obtains investment fund license from FRA
Odin Investments has obtained a license from the Financial Regulatory Authority (FRA) to set up and manage investment funds, the…
Environment Ministry to impose fees on Egypt’s natural reserves
The Environment Ministry is slapping fees on the use of Egypt’s “natural reserves,” including beaches, according to Egypt Today. According…
Finance Ministry amends some executive regulations in Customs Act
The Finance Ministry amended the executive regulations of the Customs Act to unify the procedures of customs valuation for transit…
Global financial systems are not simply Facebook’s playground
Will financial regulators rein in Zuckerberg’s attempts to upend the global financial system? Mark Zuckerberg may have hoped that Facebook’s…
Egypt in the news on 25 June 2019
Aside from mentions in football stories, there’s little about Egypt in the international press this morning: Bloomberg Opinion takes a…
Food safety regulator gives Egypt’s food packagers until end of year to comply with new rules
The National Food Safety Authority (NFSA) has given companies running food sorting and packaging facilities six months starting from June…
Government to set cost-to-income ratio at 70% under new banks tax treatment
EXCLUSIVE- Gov’t to set cost-to-income ratio at 70% under new bank tax treatment of investments in treasuries, plans to scrap…
Traffic authorities to impose electronic sticker on vehicles
You’re going to need to slap a new, electronic sticker on your car: Traffic authorities will require vehicle owners to…
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