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Tax inspectors won’t have direct access to corporate banking information, central bank says
CBE nixes amendments to income tax act that would have given tax inspectors access to corporate bank data: Central Bank…
Speed Round
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John Casson bids farewell to Egypt after four-year term
MOVES- High-profile UK Ambassador to Cairo John Casson is saying goodbye to Egypt after completing his term, according to Al…
Parliament’s Housing Committee drafts new, pseudonymous real estate tax law
LEGISLATION WATCH- Parliament’s Housing Committee drafts a new real estate tax law: The House of Representatives’ Housing Committee has drafted…
El Sisi ratifies Cyber Crimes Act, Leasing and Factoring Act
El Sisi ratifies cyber crimes, leasing and factoring acts: President Abdel Fattah El Sisi ratified last week the controversial Cyber…
Sarwa closes EGP 1.75 bn securitized bond issuance
Our friends at Sarwa Capital announced yesterday they had completed a EGP 1.75 bn securitized bond issuance “backed by the…
Egypt plans to attract USD 11 bn in FDI in FY2018-19 -Planning Minister
Egypt is aims to attract as much as USD 11 bn in foreign direct investments in FY2018-19, up from USD…
Egypt could be processing natural gas from Cyprus by 2022
Natural gas from Cyprus’ Aphrodite field could begin flowing into Egypt by 2022, according to comments attributed to Cypriot Energy…
Apache plans to raise Egypt investments to USD 1 bn a year
INVESTMENT WATCH- Apache plans to boost its investment in Egypt to an annual USD 1 bn, CEO John Christmann is…
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