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Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the two sources we spoke to said what rates a new…
IMF lands in Cairo for the final review, with divestments, energy subsidies and tax on the table
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review…
Egypt opens first phase of Ismailia Vaccines and Biotechnology City tomorrow
Good morning, friends. Tomorrow’s pricing of the state’s biggest share sale in years will tell us a lot about how…
FRA issues model short-selling contract, with launch weeks away
Contract wording is settled; the launch now waits on the clearing house’s live link-up and on shareholders willing to lend
Gov’t pushes to close out its IMF program before December, with a final review due in late November
Divestments are our strongest card going in, while energy subsidies and a stalled free zone tax are the sticking points
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds abroad, and the EGX is pushing to widen the tax…
FRA is pushing credit ins. pricing onto actuarial footing with new underwriting rulebook
Insurers will have six months to comply with the new framework, which adds annual model validation and semiannual stress testing
New CBE framework moves credit guarantee companies from contractual model to regulated activity
Six years after Law 194/2020 brought credit guarantee companies under CBE oversight, the central bank delivers the detailed rules governing…
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