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What we’re tracking on 2 February 2020
Good morning, wonderful people, and welcome back to another gorgeous midwinter day in Egypt. It’s a moderately heavy newsday in…
Egypt’s GDP to grow 2.8% this FY + IMF is out with a more optimistic global forecast
Egypt’s economy will grow at a 2.8% clip in FY2020-2021, according to a Reuterspoll of economists. This is a downwards…
Execs at top auditing firm arrested on bribery charges
The top two executives of a well-known accounting and auditing firm were arrested yesterday on charges of attempting to bribe…
FinMin issues Unified Tax Act bylaws
The Unified Tax Act’s executive regulations are up for public consultation after the Finance Ministry finalized the draft regulations, according…
Charge it up
Planning to buy an EV? You should have access to 3k charging stations within three years as the government continues…
Hey there, informal economy (wink, wink)
The Finance Ministry’s digitalization drive shows exactly zero signs of slowing down. Up next: a pilot program kicking off in…
Foreign holdings near pre-covid peak
Foreign investment in EGP bonds has continued to rebound through the beginning of 2021, with total holdings now standing at…
Cloudy with a chance of…
EXCLUSIVE- Expect to see revised GDP growth targets for the current fiscal year sometime this month as the Finance Ministry…
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