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Egypt discovers gold deposit in the Eastern Desert
A gold deposit estimated to hold over 1 mn ounces was discovered in the Eastern Desert’s Iqat region, the Oil…
Egypt to streamline public sector in FY2020-2021, cut 25% of state-owned enterprises
Gov’t to streamline public sector in FY2020-2021, cut 25% of state-owned enterprises: The government is planning to reduce the number…
Egypt’s Cabinet Economic Committee approves proposed VAT Tax Act amendments
LEGISLATION WATCH- The Cabinet economic group signed off yesterday on proposed amendments to the VAT Tax Act, which now go…
House approves laws on parliamentary elections, political rights
LEGISLATION WATCH- House approves law on parliamentary elections: The House of Representatives approved amendments to legislation regulating parliamentary elections, increasing…
Egypt’s budget passes House, health and education spending slightly changed
BUDGET WATCH- FY2020-2021 budget passes House with bigger earmarks for health and education spending: The House of Representatives approved in…
Egypt: House committee approves waiving late fees on handful of taxes
LEGISLATION WATCH- House committee approves waiving late fees on handful of taxes: The House Planning Committee has greenlit a draft…
House Committee recommends EGP 22 bn increase for education in Egypt’s FY2020-2021 budget
BUDGET WATCH- House committee recommends bumping up education funding by EGP 22 bn in FY2020-2021: The House Education and Scientific…
Egypt’s parliament approves Senate bill, USD 50 mn EBRD loan agreement
LEGISLATION WATCH- We’re officially getting a Senate again: The House of Representatives’ general assembly signed off yesterday on a bill…
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