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IDA exec regs are the law of the land + sovereign sukuk inch closer to legislative clearance
The wait is over for industrial investors: The executive regulations to the law regulating the Industrial Development Authority (IDA) come…
THIS MORNING: Welcome to EFG Hermes + hotel restaurants, beaches will still be open this Eid holiday
Good morning, everyone, and welcome to another abridged workweek. We now have three days of work and, for those who…
Also on our Radar on 5 April 2021
Misr Life Ins. Company and Misr Capital have launched a EGP 100 mn money market fund that will invest in…
State electric companies given more time to adjust to a future without subsidies
The delay of the Egyptian Electricity Transmission Company’s split from the Egyptian Electricity Holding Company (EEHC) until 2025 was approved…
Houses passes tougher FGM penalties
People will face tougher penalties for committing female genital mutilation after the House yesterday approved amendments to the penal code…
FinMin releases Egypt’s draft FY2021-22 budget
FinMin publishes draft budget as House pushes on with its discussion: The Finance Ministry released yesterday its draft FY2021-2022 budget…
THIS MORNING: EBRD boss in town for second day + Italy’s recovery program looks a lot like Egypt’s
Good morning, wonderful people. One last sprint and we run headlong into the weekend. We’re unlikely to know before this…
Egypt warms up to new Libya gov’t + Turkey really wants to be besties
Egypt and Libya signed 11 MoUs yesterday, putting pen to paper on restoring official ties between the two countries as…
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