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Export subsidy haircut scheme extended into 2021
Export subsidy payout program carries forward to 2021: Exporters will be able to apply to receive back-due subsidy payments in…
Fairmont witness released pending investigation
The public prosecutor has released one of the witnesses held in the Fairmont [redacted] assault case pending investigation. Ahmed El…
Egypt to tolerate unlicensed nurseries temporarily under presidential directive
Unlicensed nursery schools could soon be given temporary licenses to operate under orders from President Abdel Fattah El Sisi, given…
What we’re tracking on 22 October 2020
Good morning, friends, and happy Thursday. The big news of the day from where we sit is Moustafa Madbouly’s warning…
Concentration risk regs relaxed for Egypt’s mortgage lenders
REGULATION WATCH- Mortgage finance companies can now lend up to 15% of their capital base to an individual household, up…
Egyptian courts now recognize that there is no such thing as an “original” email
KUDOS- Egyptian courts now recognize that there is no such thing as an “original” email, Girgis Abd El-Shahid, managing partner…
Egypt slashes fines on wildcat building in 23 governorates
Gov’t slashes fines on wildcat building in 23 governorates: Local authorities have reduced fines paid to the government to settle…
Building code violations dominate the airwaves
Building code violations and the reconciliation law were all the rage on the airwaves last night after Prime Minister Moustafa…
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