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Egypt successfully closes USD 2 bn triple-tranche eurobond issuance
Egypt successfully closes USD 2 bn triple-tranche eurobond issuance in first int’l debt auction for FY2019-2020: Egypt sold USD 2…
National Bank of Egypt, NBK ask FinMin to guarantee USD 700 mn ANOPC loan
The National Bank of Egypt and the National Bank of Kuwait have requested letters of guarantee from the Finance Ministry…
FinMin revises Egypt’s public debt target for FY2020-2021 again
FinMin sets more ambitious public debt reduction target, but more conservative GDP growth estimate, for FY2020-2021: The Finance Ministry is…
Gov’t issues Public Contracts Act executive regulations
REGULATION WATCH- Gov’t issues executive regulation for Public Contracts Act: The government has issued the executive regulations of the Public…
Egypt and IMF continue talks for post-loan agreement
IMF’s Azour confirms talks are ongoing with Egypt on post-loan cooperation: Egypt and the IMF are currently in talks to…
FinMin approves plan to kill capital gains tax on EGX trades, cut stamp tax by a third
FinMin approves plan to kill capital gains tax on EGX trades, cut stamp tax by a third: The Finance Ministry…
FinMin, Federation of Egyptian Industries committee finalize new Income Tax Act
EXCLUSIVE- FinMin’s new Income Tax Act would look to close loopholes enjoyed by multinationals, fully bring digital economy into the…
Gov’t looking to reduce Egypt’s budget deficit to 5% within two years -Maait
The government is looking to reduce Egypt’s budget deficit to 5% within two years, which would bring it to a…
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