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Egypt’s market regulator approves 4 new insurance products from Sarwa Capital
Sarwa Capital has received approval from the Financial Regulatory Authority to roll out four new insurance products, head of technical…
FinMin to lay out plans to tighten state purse strings next fiscal year
FinMin to lay out plans to tighten state purse strings next fiscal year: The Finance Ministry is working on proposals…
Egypt to streamline public sector in FY2020-2021, cut 25% of state-owned enterprises
Gov’t to streamline public sector in FY2020-2021, cut 25% of state-owned enterprises: The government is planning to reduce the number…
Egypt to lift nationwide curfew on 27 June as part of phased reopening plan, retail hours permanently shortened
Curfew to be lifted on Saturday as part of phased reopening plan, retail hours permanently shortened: The nighttime curfew will…
FinMin looks to raise financial efficiency through ‘unified’ guide for state auditors
The Finance Ministry has issued a “unified guide” for comptrollers at state agencies to promote best practices, according to a…
Egypt’s Cabinet Economic Committee approves proposed VAT Tax Act amendments
LEGISLATION WATCH- The Cabinet economic group signed off yesterday on proposed amendments to the VAT Tax Act, which now go…
Egypt looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute
DISPUTE WATCH- Gov’t looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute: The Holding Company for…
AIH to invest EGP 60 mn in its NBFS subsidiaries this year
INVESTMENT WATCH- Arabia Investment Holding (AIH) is planning to invest EGP 60 mn this year in its non-banking financial services…
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