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EFSA working on financial valuation standards
The Egyptian Financial Supervisory Authority’s (EFSA) board of directors is discussing the financial valuation standards this week and will meet…
Legislation
New water law reemerges
The Irrigation Ministry appears to have resurrected the long dormant Water Act which will regulate the management of water resources…
EFSA working on procedures to factor float in company books
The Egyptian Financial Supervisory Authority (EFSA) is working on developing accounting procedures for tabulating the impact of the float on…
Social Solidarity Ministry completes drafting of Social Welfare bill
The Social Solidarity Ministry will be sending a draft of the proposed social welfare act to the Ismail cabinet within…
House Economic Committee sets up sub-committees to monitor state slush funds
The House Economic Committee has established four sub-committees mandated with monitoring and auditing state-controlled “private funds,” which have a total…
Hilton, Mövenpick to settle tax disputes
The Hilton and Mövenpick hotel groups, along with the Industrial Development Bank and the October for Development and Real Estate…
El Sisi signs off on Media Syndicate law
President Abdelfattah El Sisi has officially signed off on a legislation that establishes a new Media Syndicate on Tuesday, Youm7…
House committee pushes for stronger penalties for harassment
The House of Representatives is pushing for stricter punishments for [redacted] harassment offenses, Ahram Online reported. The House’s legislative committee…
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