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GAFI amends governance regs for subsidiaries of state-owned companies
REGULATION WATCH- GAFI amends governance regs for subsidiaries of state-owned companies: The General Authority for Investments (GAFI) has amended corporate…
Egypt plans to offer 85% tax exemption to incentivize SMEs to go legit
EXCLUSIVE- More on tax exemptions to encourage small businesses to go legit: The government is mulling exempting small and medium…
EETC delegation in Khartoum to set dates for Egypt-Sudan electricity linkage trials
A delegation from the Egyptian Electricity Transmission Company is currently in Sudan to decide on when to begin trial operations…
FinMin forecasts spending at EGP 1.5 tn in draft FY2019-20 state budget
EXCLUSIVE- FinMin’s draft FY2019-20 state budget sees spending at EGP 1.5 tn: The draft FY2019-20 state budget forecasts government spending…
FinMin denies plans to repeal real estate tax exemption for private homes in Egypt
FinMin denies it has plans to repeal real estate tax exemption for private homes: The Finance Ministry issued a statement…
Egypt to repeal real estate tax exemptions for private homes, provide preferential treatment for hotels, factories, oil and gas
EXCLUSIVE- The Great Real Estate Tax Debate of 2018 is about to roll forward into 2019. Readers may recall the…
Egypt to issue sukuk worth USD 1-1.5 bn in FY2019-20
EXCLUSIVE- Egypt could issue a sukuk worth USD 1-1.5 bn in FY2019-20: The government could issue a sovereign sukuk (a…
NTA and RATP to form JV for Cairo Metro Line 3
The Transport Ministry has established a joint venture with French company RATP to oversee the operation and maintenance of Cairo…
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