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Banking Act to impose term limits on board members at state-owned banks
LEGISLATION WATCH- Banking Act to impose term limits on board members at state-owned banks: The new draft Banking Act would,…
Legislation
Egypt’s draft Social Security and Pensions Act to reach parliament by June
The Social Solidarity Ministry will send the Social Security and Pensions Act to the House of Representatives for review and…
US Rep Case visits Egyptian House of Representatives
US Representative Edward Case visited the Egyptian House of Representatives yesterday, making him the first member of Congress to visit…
Egypt’s Cabinet approves new NGOs Act to replace contentious 2017 law
CABINET WATCH- Cabinet approves new NGOs Act: The Madbouly Cabinet approved at its weekly meeting a final draft of the…
Egypt’s cabinet IDSC denies 18% tax on social media advertising
Gov’t denies 18% social media ad tax is already in place, but says it is working on a 15-20% levy:…
Parliament approves EUR 4 mn grant to support Egyptian entrepreneurship
The House of Representatives approved yesterday a EUR 4 mn grant for the development of Egyptian entrepreneurship, funded by a…
Federation of Egyptian Chambers of Commerce requests changes to Mineral Resources Act amendments
The Federation of the Egyptian Chambers of Commerce’s quarries division presented to the House Industry Committee its requests for changes…
Gov’t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans
BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry’s FY2019-20 budget allocation…
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