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Egyptian Exchange to roll out short-selling in first quarter of 2019
REGULATION WATCH- The EGX is looking to roll out short-selling as early as 1Q2019, EGX boss Mohamed Farid is quoted…
EGX guideline on new trading measures and reforms
EGX touts regulatory reforms: The EGX released an infographic listing the 13 measures and reforms (pdf) enacted since September 2017…
Trade minister downplays ‘automotive directive,’ says talks are ongoing with unnamed global car manufacturers on Egypt investments
Trade Minister: Please stop asking about the “automotive directive.” Trade and Industry Minister Amr Nassar threw cold water on years…
Egypt will not ask the IMF for further funding
Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year,…
Social Solidarity Ministry completes draft Social Security and Pensions Act
The Social Solidarity Ministry has completed drafting the Social Security and Pensions Act and has referred the legislation to the…
MbS’ meeting with El Sisi in Cairo leads the conversation in state dailies
Crown Prince Mohammed bin Salman and President Abdel Fattah El Sisi’s sit-down yesterday is leading the conversation in Egypt’s three…
Change in tax treatment of treasury holdings won’t take effect until measure passes Egypt’s House; expect more news today
Change in tax treatment of treasury holdings won’t take effect until measure passes the House; expect more news today: The…
House rep. wants to raise police wages and pensions
House Rep. Khaled Abdel Gawad has submitted a proposal to increase policemen’s salaries and pensions, which he said is necessary…
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