Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
TMG mulls new project in the North Coast. PLUS: News from Telecom Egypt and the CBE
TMG’s shares rose 10.3% yesterday to close at EGP 37.5
MPs give the go ahead to Criminal Procedures Code amendments
The amendments will allow felony defendants to appeal their verdicts before an intermediary higher court
CBE introduces new anti-money laundering rules for better cash flow monitoring
Banks will have a six-month window to implement the new measures
Charge in FX, pay VAT in FX. No exceptions.
The ministry introduced new rules last month requiring businesses pricing goods and services in hard currency to settle VAT in…
FRA rolls out new trading regs to reduce market risk
The amendments aim to stabilize the market, regulate margin trading, reduce default risks, and protect traders’ rights
Bids roll in for the FRA’s credit rating license. PLUS: Arab agri investment, Megamind, and Gulf nations
Three consortiums have submitted bids for the FRA’s credit rating license
Private-sector minimum wage to rise 17% in 2024
Private-sector employees on the minimum wage will have seen their monthly income rise 45% in the past six months
What do companies want from their banks?
Businesses want banks to take on more risk and offer more diverse products in challenging times
Something went wrong. Please refresh the page and/or try again.