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Finance Ministry adds eight new reforms to tax package to hit EGP 3 tn revenue goal
Among the key measures is the introduction of a mobile-based electronic receipt system
Oil Ministry plans to clear USD 500 mn in arrears by May
Good afternoon, ladies and gentlemen, and happy almost-weekend. The news cycle isn’t showing any signs of slowing down, and we’ve…
Cabinet activates preemptive economic shield amid global energy shock
The government is slashing the state budget and ramping up the social safety net as global prices skyrocket to USD…
The government is rolling out new waste-to-energy projects across the country
With coal prices skyrocketing, the government is rolling out 40 new investment offerings to turn municipal waste into cheap, low-carbon…
FinMin seeks new hedges to protect budget as EGP hits 53 per USD
Good afternoon, friends. It’s another restless day in the press — both at home and abroad — as the regional…
Government to funnel all Alam El Roum proceeds into treasury to bridge FX gap
Fitch currently estimates the country’s total debt obligations at around USD 18 bn
Transport Ministry moves to claw back land value gains with LRT betterment fees
Chinese loans of USD 345 mn and an EGP 1 bn betterment fee will lay down LRT tracks to Central…
Citizen Bonds’ EGP 2 bn first week debut shows banks may have to raise rates to keep depositor base
While Citizen Bonds may pose a challenge to banks, gold’s appeal will remain unaffected
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