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CBE to cut rates by another 400 bps by end of 2020 -HC Securities
CBE to cut rates by another 400 bps by end of 2020 -HC Securities: The Central Bank of Egypt will…
Egypt’s market regulator drafts proposed amendments to rules on clearing companies
REGULATION WATCH- Market regulator drafting changes to rules on clearing companies: The Financial Regulatory Authority’s (FRA) board of directors agreed…
Egypt to dedicate EGP 6 bn annually in the budget for exports subsidies
Government to dedicate EGP 6 bn per year to export subsidies: The government will set aside EGP 6 bn annually…
Cabinet agrees to lower interest rates on industrial land purchases
CABINET WATCH- Gov’t agrees to lower interest rates on industrial land purchases: The cabinet has agreed to a proposal from…
What we’re tracking on 20 June 2018
Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on…
Egypt’s FRA grants short selling licenses to EFG, CIB, AAIB
EFG, CI and AAIS take out short-selling licenses: The brokerage arms of EFG Hermes, CI Capital and the Arab Arfrican…
Minimum for domestic content in Egypt-assembled cars is now back at 28%
Ministry explains decision to scrap former Trade Minister Nassar’s car assembly policy: Trade and Industry Minister Amr Nassar’s decision to…
Egypt to provide large custom discounts to power its domestic car industry
EXCLUSIVE- We’re going to be discussing a new set of incentives for the automotive industry this fall. The finance and…
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