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FRA suspends issuing insurance licenses for a year; new regs require auditors to be insured
REGULATION WATCH- FRA suspends issuing insurance licenses for a year; auditors will need to be insured: The Financial Regulatory Authority…
Simplified commercial registry and a new outdoor advertising bill get nods in the House
LEGISLATION WATCH- Simplified commercial registry a new outdoor advertising bill get preliminary House nods: The House of Representatives’ general assembly…
Five cement factories could close this year as covid-19 compounds sector’s woes
Four or five of Egypt’s two dozen cement factories could be forced to close in the coming months, as the…
Covid-19 hasn’t derailed Egypt’s reform drive, Al Mashat tells Bloomberg
Covid-19 hasn’t derailed Egypt’s reform drive, Al Mashat tells Bloomberg: The Madbouly government hasn’t allowed the covid-19 pandemic to derail…
Gov’t spent EGP 63 bn of covid-19 stimulus program as FinMin provides breakdown
Egypt has deployed EGP 63 bn of its covid-19 stimulus program: The government has spent EGP 63 bn of the…
Egypt: What to expect with the electricity price hikes coming in July
What to expect from the electricity price hikes to be announced today: Electricity Minister Mohamed Shaker has floated two different…
Egypt’s sovereign fund in talks for fresh agreements in fintech, financial inclusion
Sovereign fund in talks with investors in fintech, financial inclusion: The Sovereign Fund of Egypt (SFE) is in talks with…
World Bank downgrades Egypt’s GDP growth forecast this fiscal year to 3.0%
World Bank downgrades Egypt’s GDP growth forecast to 3.0% for the fiscal year ending this month: The World Bank expects…
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