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Egypt’s gov’t doesn't intend to reintroduce the capital gains tax
The capital gains tax on stock market transactions isn’t coming back (yet). The government doesn't intend to reintroduce the capital…
Public policy
Executive regs to settle fines for building violations in Egypt coming soon
LEGISLATION WATCH- Exec regs for temporary law to settle building code violations will be issued soon: The executive regulations for…
Egypt’s Health Ministry asks for increase in budget allocation for FY2019-20
BUDGET WATCH- Health Ministry follows Education Ministry’s lead in angling for better budget allocation: Health Minister Hala Zayed has asked…
Egypt fuel subsidies spending falls 28% in the first nine months of FY2018-19
Fuel subsidies spending falls 28% in the first nine months of FY2018-19: Government spending on fuel subsidies fell to EGP…
FinMin calls off EGX stamp tax increase
FinMin calls off EGX stamp tax increase: The Finance Ministry will not increase the stamp tax on EGX transactions this…
Capital market authorities consider lowering EGX fees
REGULATION WATCH- Regulators are considering lowering fees on stock market transactions in an ongoing effort to mitigate the effect of…
GAFI issues regs on how preferred shares work in Egypt
REGULATION WATCH- Tweaks to regulations on how preferred shares (or preference shares, if you prefer) work: The General Authority for…
Gov’t resumes receiving requests to set up int’l schools in Egypt
The Education Ministry has decided to resume receiving requests to set up international schools, or international divisions within private schools,…
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