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THIS MORNING: Shoukry + El Molla at Davos; MbS in Egypt next month
Good morning, wonderful people, and welcome to another very heavy news day in which business news again tops our tl;dr…
Money laundering amendments earn preliminary approval in the House
MPs gave preliminary approval to proposed amendments to the Anti-Money Laundering Act yesterday, Ahram Gate reported. The changes would create…
THIS MORNING: Monkeypox and a bear market; Davos starts today
Good morning, friends, and welcome to an absolutely packed Sunday issue. There are a number of new worries on our…
Banking and rail news aplenty + Edita is looking at microfinance
There’s plenty of banking news: The Central Bank of Egypt has joined the global Network forGreening the Financial System (NGFS),…
Rate hikes leave gov’t with at least EGP 6 bn in unexpected debt costs
FinMin needs at least another EGP 6 bn for debt repayments: The House Budget Committee has approved legislative amendments that…
Cabinet approves sovereign sukuk exec regs
Sovereign Sukuk Act regs are finally ready: The Madbouly government has approved the executive regulations of the Sovereign Sukuk Act…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
Real estate brokers, prepare for regulatory scrutiny
Real estate brokers are now set to face more regulatory scrutiny after President Abdel Fattah El Sisi ratified amendments to…
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