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Gov’t approves two-month extension to expat car import scheme
The scheme has so far failed to gain traction among Egyptians abroad
Senate approves bill allowing informal industrial projects to get temporary licenses
Some 60k unlicensed industrial projects currently operate without a license
Small industrial projects could come back from zombie status — or go legit — with new legislative amendments
A new bill could help drive the gov’t’s localization push — and help bring informal manufacturers into the formal economy:…
More from Dubai + How many ways can MPs think of to drum up FX?
It was a mixed bag on last night’s talk shows. President Abdel Fattah El Sisi’s participation in Dubai’s World Government…
Expat car-for-FX scheme likely to be extended again amid low turnout
The scheme allows expats to bring cars into Egypt
MPs approve tourism, transport finance, and oil bills + Watch out, Netflix
MPs approved bills on tourism, development finance, and fresh oil exploration yesterday, while various committees of the House were busy…
MPs still balk at the liquidation of state-owned ZombieCos
Public Enterprises Minister defends privatization plans + more overpopulation talk in the House: Public Enterprises Minister Mahmoud Esmat was in…
Gov’t wants to encourage sports companies to go public — and huge licensing fees probably isn’t the way to do it
The amendments would pave the way for sports institutions to set up investment companies
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