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House approves Sovereign Fund of Egypt law, Public Enterprises Act, bill regulating a reborn Senate
LEGISLATION WATCH- House approves sovereign fund law, Public Enterprises Act, ships them off to Maglis El Dawla for review: The…
Amendments to the sovereign fund law are up for final parliamentary review and vote today
LEGISLATION WATCH- Sovereign fund law is up for plenary discussion in parliament today: Proposed amendments to the Sovereign Fund of…
What we’re tracking on 7 June 2020
Good morning, friends, and welcome to a largely “good news” issue to start the workweek, corona notwithstanding. Why are we…
FinMin opens expedited customs clearance to SME importers
SMEs will be able to join a whitelist of importers eligible for expedited customs clearance, according to a Finance Ministry…
What we’re tracking on 3 June 2020
We could have more clarity today on when Egyptian airspace will reopen to commercial flights. The timetable features prominently on…
Egypt to waive 100% of late fees on taxes, state dues repaid in full before waiver bill comes into effect
LEGISLATION WATCH- Cabinet expands forgiveness of late fees on taxes: The Madbouly Cabinet will drop 100% of interest payments and…
Egypt to introduce 1% tax on all salaries to fund covid-19 fight
Cabinet plans 1% corona tax on all salaries, says measure would be in effect for one year starting 1 July…
10 companies have taken out condition booklets to bid for Egypt’s gold mining round
Gold miners aren’t spooked by the coronavirus: Ten mining companies have taken out condition booklets for Egypt’s ongoing international gold…
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