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Egypt SMEs to get sharper teeth to bid for tenders under new legislation
LEGISLATION WATCH- SMEs to get leg up in public tenders: SMEs will get priority treatment and a 20% quota of…
Regulation
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Gov’t sets up committee to regulate electric vehicles in Egypt
LEGISLATION WATCH- Expect a new legislative framework for electric cars: A government committee is preparing a legislative framework for electric…
World Bank expects Egypt reforms for USD 1 bn loan facility
No surprise in reported conditions document for USD 1 bn World Bank loan: Conditions and policy priorities for a USD…
PM issues executive regulations for Egypt’s new Disabilities Act
LEGISLATION WATCH- Gov’t issues Disabilities Act executive regulations: Prime Minister Moustafa Madbouly has issued the executive regulations for the recently…
Amendments to Egypt’s Companies Act scrap mailed invite requirements, make managers subject to good-conduct test
LEGISLATION WATCH- You no longer need to invite shareholders by post: Investment Minister Sahar Nasr has amended the executive regulations…
Central Bank of Egypt could still be looking into extending debt relief program
CBE still considering extending the debt relief program? The CBE is reportedly still considering extending its EGP 16.8 bn debt…
FRA gives Raya founder until 28 December to submit MTO
M&A WATCH- Raya Holding founder Medhat Khalil has until 28 December to submit bid for 100% of the company he…
FRA studies proposal to establish Egypt’s first financial markets association
The Financial Regulatory Authority (FRA) is close to finalizing regulations to set up an association to represent employees in capital…
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