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Gov’t to exclude some 500k ineligible families from Egypt’s social safety net
The government is planning to exclude at least 500k ineligible families from social safety programs by June 2019 to better…
Regulation
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Al Baraka Bank Egypt expects new tax treatment to hit 2019 profits
Al Baraka Bank expects its 2019 profits to decline by 5-7% as a result of proposed amendments to the tax…
Egypt’s new framework for short-term bonds, instruments published in Gazette
Egypt’s new framework for short-term bonds, instruments published in Official Gazette: The recent decision by the Financial Regulatory Authority, setting…
FinMin to apply tax treatment of Egypt debt holdings to both bank, corporates
Corporates will see the tax treatment of their income from state debt change, too: Corporations will join banks in seeing…
Egypt’s GAFI introduces periodical earnings reporting to freezone companies
The General Authority for Freezones and Investments (GAFI) has made it mandatory for companies operating in freezones to present copies…
Egypt’s car component makers eager to see sector development strategy in action
Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives…
What we’re tracking this week and beyond
FRA to look into an appeal by Raya’s Khalil on 23 December: The Financial Regulatory Authority (FRA) will hold a…
Cabinet green lights land grant program for industry
CABINET WATCH- Government to begin land grant program for industry: Cabinet greenlit at its weekly meeting on Thursday presidential decrees…
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