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Social support measures vote incoming?
The income tax change and bonuses for public-sector workers and pensioners are aimed at alleviating the cost of living crisis
The expat car import scheme is making a comeback
Egyptian expats get another three months to import cars in exchange for FX deposits
Someone has eyes for Middle East Glass. PLUS: Big Network International investment and news from Mashreq, Ethydco, Somabay, Quintessentially, and the banking industry
Unnamed investors are offering to acquire Gulf Capital’s 37% stake in the glass manufacturer
The gov’t was working overtime last week + we have a four-day week ahead of us
Good morning, lovely people, and happy FRIDAY. After what felt like a rollercoaster of a week, we’re very happy to…
Here’s what MPs got done this session
MPs passed almost 190 pieces of legislation over the past nine months
House signs off on bills aiming to boost FDI, private investment
Parliament will reconvene in October
MPs approve USD 400 mn World Bank freight rail infrastructure loan
Some MPs criticized the transport loan in the context of high foreign debt levels
House gives approval to fresh investment incentives + new East Port Said port terminals
Investment Law amendments target more FDI to oil and gas, fertilizers, metals sectors
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