Regulation
Regulation
New energy-saving measures and operating hour restrictions go into effect tomorrow
🌤️ Good morning, friends, and congratulations on making it to the weekend. Grab your favorite…
As the gov’t mulls remote work days — could we potentially see a four-day workweek?
In an economy currently balancing industrial expansion with energy conservation, the four-day workweek may eventually…
Egypt enters war economy mode with strict energy austerity measures
A new round of austerity measures will come into effect starting Saturday, 28 March, as…
Farid vows to fix bottlenecks, digitize procedures, and step back from corporate decisions
A new VC Fund to close the startup growth-capital gap
Legislation
World Bank ranks Egypt most improved in women’s legal rights
The new labor law was the main driver behind the improvement
Egypt is one step closer to a property tax overhaul
The amendments push the annual rental value exemption threshold to EGP 100k
The New Capital could soon be renamed Memphis
Good morning, friends. Today’s issue is led with a first look at the draft budget…
Parliament moves to shield healthcare and research from nuclear fee hikes
Amendments create a clearer distinction between commercial nuclear ventures and public service institutions
Taxation
FinMin targets a 28% jump in tax revenues for FY 2026/27
The target is a central pillar of the state's plan to narrow its total funding…
Egypt’s Finance Minister promises no new taxes in wartime budget
The FinMin looks to add 100k new taxpayers via incentive-driven reform
Finance Ministry to launch real estate tax app in April
Plus: Eni plans USD 2 bn investment push, Orascom Development and Rameda report 2025 earnings,…
No income-based pivot for solidarity contribution this year as corporate tax season kicks off
The cabinet had approved shifting the basis to 1% of net income in principle, but…
Customs
How the ECA’s new clearance system will decongest ports and slash fees
A new risk-based clearance system is rolling out classifying all incoming cargo into four distinct…
Gulf transshipments get ACI waiver to help bypass Hormuz Strait closure squeeze
Good morning, friends. Whether in the international business press or in the pages of EnterpriseAM,…
Egypt eyes expanding QIZ membership as talks open to reduce Israeli content requirement
Exporters say a cut to the Israeli component threshold — alongside expanding QIZ coverage beyond…
Egypt targets 16% tax-to-GDP ratio with sweeping new reform package
The government is looking to boost tax revenues by 1-2% of GDP
FinMin aims to settle EGP 308 CBE debt by end of FY
Good morning, friends. We’ve got a packed issue for you — and despite some doom…
The strong buffers Egypt built heading into the Gulf war are allowing the Madbouly government to navigate from a stronger position
Remittances are up 29.6% y-o-y to USD 22.1 bn in H1 FY 2025/26!_NewsLead_!
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be renewed under the same existing…
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and mobile network operator-run e-wallets, representing…
Egyptian Exchange
Egypt targets 30 temporary EGX listings by end of June
🤔 Do you hear that? It sounds like… the weekend. Afternoon, ladies and gents, and…
What the markets are doing on 16 April 2026
The EGX30 rose 1.4% at today’s close on turnover of EGP 12.3 bn (81.3% above…
What the markets are doing on 15 April 2026
The EGX30 rose 1.5% at today’s close on turnover of EGP 9.4 bn (39.0% above…
What the markets are doing on 14 April 2026
The EGX30 rose 1.8% at today’s close on turnover of EGP 9.1 bn (35.3% above…
Sovereign Fund of Egypt
Egypt eyes USD 3-4 bn by year end in renewed post-Eid privatization push
The government eyes USD 3-4 bn in inflows this year
Government looks to transfer EgyptAlum, Heliopolis Housing, Abu Qir, Mopco, and others to the Sovereign Fund of Egypt
By consolidating companies under the fund, the government expects to secure higher-value partnerships than it…
State mulls transfer of major companies to Sovereign Fund of Egypt
Good afternoon, ladies and gentlemen, and congratulations on making it to the weekend. It’s been…
Egypt moves to offer up 62 hospital investment projects to private sector in major healthcare overhaul
Investment prospects include Galala Hospital, Sheikh Zayed Specialized Hospital, Agouza Hospital, and New Alamein Hospital
Financial Regulatory Authority
Bokra debuts Shakmagia gold fund this month, targets EGP 10 mn
Plus: FRA is capping vehicle depreciation rates to settle claims disputes
Egypt’s Financial Regulatory Authority appoints Islam Azzam as new head
Azzam enters his new role after holding a leading position at the EGX
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA approval
Financial Regulatory Authority makes life and disability ins. mandatory for all customer finance loans
Consumer finance players, already battling high interest rates and inflation, must now bake ins. premiums…
Courts
AD Ports to receive two Ain Sokhna marine terminals by 1Q 2025. PLUS: Mobica, MID Takseet + Basata, State Lawsuits Authority, Talaat Moustafa Group, Greentech
A high-level committee is reportedly close to finalizing the final terms of the contract
Egypt court rules in favor of Centamin, ending 12-year legal dispute
The claimant has no right to appeal the court’s decision
Mohamed Shawky Ayad sworn in as Egypt’s new public prosecutor
The former Alexandria court of appeal head will succeed Hamada El-Sawi
New leadership for three key judicial institutions
The Court of Cassation, Administrative Prosecution Authority and State Lawsuits Authority have new heads
Ittihadiya
Egypt’s El Sisi calls on Trump to end the war
Good morning, all. It’s another morning with the regional war and its impact on us…
El Sisi, Trump meet up on the sidelines of Davos
Egypt accepted an invitation from the US to join the Board of Peace for Gaza
El Sisi calls for review of recent parliamentary elections
The move could potentially see the NEA fully or partially annul the first phase of…
Kyrgyz president embarks on first ever visit by Kyrgyz leader to Egypt
El Sisi welcomed Kyrgyzstan’s decision to open an embassy in Cairo
Cabinet watch
FinMin raises FY 2026/27 general government budget estimate to EGP 9.7 tn
👋 Ladies and gents, we bid you a warm return to your offices — and…
Egypt pays credibility tax to keep its energy hub dreams viable
By allowing LNG cargoes to depart from Idku, the government is honoring existing contracts even…
Gov’t expects financing gap to shrink to EGP 2.7 tn in FY 2026-27 despite regional volatility
The Finance Ministry expects EGP 2.7–3.0 tn in tax collection as part of EGP 4…
Customs overhaul targets 75% reduction in export clearance times
Happy hump day, folks — and welcome back. It should come as no surprise that…
Public policy
Egypt drafts EGP 9.7 tn general government budget for FY 2026-27
☀️ Good morning, ladies and gents, and congrats on making it to the weekend. It’s…
FinMin drafts EGP 9.7 tn consolidated budget for FY 2026-27
Good morning, wonderful people. We’re heading to the weekend with both a busy issue and…
Egypt eyes EGP 4 tn in revenues to anchor 5.5% deficit goal in FY 2026-27
The ministry expects tax and fee receipts to cross the EGP 3 tn mark for…
Egypt to raise budget contingency reserves to 5% as geopolitical risks mount
Kouchouk is building a liquidity moat to protect energy and food subsidies against global volatility
Diplomacy
US-Iran negotiations on the horizon + Morgan Stanley exceeds 1Q expectations
Good afternoon, folks, and happy almost weekend — we hope you find yourselves not too…
Iranian navy commander reportedly killed in Israeli strike as G7 warns of global economic catastrophe
Good afternoon, friends, and congratulations on making it to the weekend. It’s a quiet afternoon…
Egypt looks to clear USD 1.3 bn in outstanding arrears to global energy companies by June
The accelerated timeline surpasses previous plans to shrink the country’s outstanding dues to USD 1.2…
How the Egyptian diaspora in the GCC is holding steady amid regional friction
For Egyptians in the Gulf, a premature departure could potentially throw years of hard-earned professional…