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El Sisi, Macron lay groundwork for French president’s upcoming visit to Cairo
French President Emmanuel Macron gave President Abdel Fattah El Sisi a call yesterday to lay the groundwork for Macron’s visit…
Speed Round
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Egyptian court delays case to extend presidential terms
Court delays hearing on lawsuit designed to scrap term limits for the presidency: The Cairo Court of Urgent Matters has…
Mercedes-Benz says new policies, clarity were behind its return to Egypt
Mercedes-Benz says new policies, clarity were behind its return to Egypt: New policies adopted by the Madbouly government provided clarity…
House committee to approve draft law to regulate real estate development
LEGISLATION WATCH- Housing Committee planning sweeping regulatory changes for real estate industry: The House of Representatives’ Housing Committeewill approve in…
MP working on draft law to raise wages
The House is looking to force the private sector to raise wages: MP Sahar Etman is working on a draft…
Government shows big appetite for Egypt’s T-bills as yields fall
Government T-bill yields go the way of bonds: Meanwhile, it appears that yields on government bills are following bonds downwards.…
Tax Authority to mark “cost of investment” as deductible in new banking tax treatment
EXCLUSIVE- Tax Authority to mark “cost of investment” in treasuries as deductible in new tax treatment: The Tax Authority could…
Egypt’s budget deficit shrinks to 3.6% from 4.2% in 1H2018-19
Egypt’s budget deficit shrank to 3.6% of GDP in 1H2018-19, down from 4.2% the previous year. The state treasury recorded…
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