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Infrastructure 
New criteria for fintech, digital banking licenses
Digital banks now need a capital of at least EGP 2 bn
More families to benefit from Takaful and Karama
The approved draft bills and amendments aim to support the education, food security, social subsidies, medical and recycling sectors.
House signs off on bills aiming to boost FDI, private investment
Parliament will reconvene in October
FinMin wants to raise USD 3 bn in debt by the end of 2023. PLUS: Quick economic update from Maait
Egypt has only tapped the int’l debt markets once since March 2022
ESG reporting isn’t a walk in the park (part 1 of 2)
ESG is picking up but remains a challenge for Egyptian businesses
MPs approve USD 400 mn World Bank freight rail infrastructure loan
Some MPs criticized the transport loan in the context of high foreign debt levels
Foreigners can get 50% more alcohol at duty-free stores
Buyers will face higher fees on the third liter
THIS MORNING: Export subsidy payouts next week
FinMin will disburse payments to exporters on 12-13 July
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