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Egypt passes Investment Act exec regs amendments to collect data on foreign investment
LEGISLATION WATCH- Investment Act amendments require public, private entities to submit data on foreign investment assets to GAFI: Prime Minister…
Gov’t expects Egypt’s exports to grow 20% y-o-y in 2019, Nassar says
The government is expecting Egypt’s exports to be growing at a clip of 20% y-o-y by the end of this…
Apparent cap on foreign ownership of Egyptian schools sends chill through operators and private equity backers alike
Apparent cap on foreign ownership of Egyptian schools sends chill through operators and private equity backers alike: Education Minister Tarek…
Egypt’s Maritime Holding Co is getting its ducks in a row with int’l consultants as privatization beckons
PRIVATIZATION WATCH- Holding Co for Maritime getting its ducks in a row with int’l consultants — Is privatization beckoning? The…
Egypt could postpone USD 6 bn-worth of coal power projects
The Electricity Ministry is looking at potentially postponing all coal-fired power projects or offering investors the option to switch to…
National Bank of Egypt, NBK ask FinMin to guarantee USD 700 mn ANOPC loan
The National Bank of Egypt and the National Bank of Kuwait have requested letters of guarantee from the Finance Ministry…
FinMin revises Egypt’s public debt target for FY2020-2021 again
FinMin sets more ambitious public debt reduction target, but more conservative GDP growth estimate, for FY2020-2021: The Finance Ministry is…
Gov’t issues Public Contracts Act executive regulations
REGULATION WATCH- Gov’t issues executive regulation for Public Contracts Act: The government has issued the executive regulations of the Public…
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