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House postpones debate on Old Rent Law amendments a day due to missing data
MPs criticized the government for failing to provide crucial data
Israel presses pause on Egypt gas exports following US strikes on Iran. PLUS: Yacht tourism initiative, GE Healthcare + Al Safi Group
Israel had only just resumed gas exports on Thursday after a six-day pause
Events in the region may cause the recently-greenlit state budget to undergo amendments
Good morning, friends, and happy Friday. We hope you're all looking forward to a relaxing weekend as much as we…
House receives final version of revamped Old Rent draft law
The new draft extends the transition period to seven years
Budget amendments might be on the way if regional escalation persists
Amendments are expected to come in 2H 2025 or before the end of the current parliamentary session in October
Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
Gov’t doubles upcoming export support program budget to EGP 45 bn
This is the first time that the export support program has been announced of the start of a fiscal year
Madbouly gov’t doubles property tax exemption threshold to EGP 4 mn
The step is a part of a broader plan to revamp the property tax law and resolve ongoing disputes
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