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Cabinet approves new committee to regulate public companies’ contracts
CABINET WATCH- New ministerial committee to regulate public companies’ contracts: The Madbouly Cabinet signed off on setting up a ministerial…
Supply Ministry details criteria for fourth phase of Kramer purge
Watch out, Kramers: Families that consume more than 1,000 KW of electricity, own three cars or pay more than EGP…
Suez Canal revenues rise, Port Said welcomes universal healthcare
Suez Canal revenues rise: The Suez Canal Economic Zone reported EGP 3.6 bn in revenues for FY2018-2019, breaking records for…
Union National Bank’s BoD approves voluntary delisting from Egypt’s exchange
Union National Bank’s board of directors has approved a decision to voluntarily delist the bank’s shares from the EGX and…
Maait taps Reda Abdel Kader as Egypt’s new advisor to the finance minister on tax evasion
MOVES- Finance Minister Mohamed Maait has tapped Reda Abdel Kader as advisor to the finance minister on tax evasion, reports…
FRA gives itself all regulatory power over industry in Insurance Act
LEGISLATION WATCH- Draft Insurance Act grants sweeping new powers to market regulator: The Financial Regulatory Authority (FRA) will be granted…
Egypt poverty rate stands at 32.5%, according to latest CAPMAS income report
Egypt’s poverty rate in FY2017-2018 stood at 32.5%, according to Capmas’ income and expenditure survey, the highlights of which were…
Macroeconomic indicators were the topic du jour on Egypt’s airwaves
Capmas’ release of the income and expenditure survey results, and rising tax revenues were the talk of the town on…
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