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Egypt’s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions
BUDGET WATCH- House committee loosens state purse strings with EGP 7.3 bn of additional allocations in FY2019-2020 state budget: The…
Egypt’s FRA wraps up Insurance Act consultations
LEGISLATION WATCH- Regulator wraps up Insurance Act consultations: The Financial Regulatory Authority (FRA) has wrapped up several rounds of consultations…
Is Egypt’s Electricity Ministry on a privatization drive?
Is the Electricity Ministry on a privatization drive? The Egyptian Electricity Holding Company (EEHC) could sell stakes in its electricity…
Crypto businesses will need to obtain licenses under proposed Banking Act
LEGISLATION WATCH- Aspiring crypto businesses are going to need licenses: Companies looking to establish digital currency and cryptocurrency platforms will…
State Council to complete reviewing customs and SMEs acts this week
LEGISLATION WATCH- Maglis El Dawla to finalize review of draft customs and SMEs acts this week: The Council of State…
Egypt’s market regulator to review draft Insurance Act after Eid break
LEGISLATION WATCH- Market regulator’s board to review draft Insurance Act after Eid break: The Financial Regulatory Authority’s (FRA) board of…
Egypt’s FRA to bring SME financing under 2014 microfinance law
LEGISLATION WATCH- FRA to bring SME financing under 2014 microfinance law: Dedicated SME lenders including finance companies and NGOs could…
Executive regs for new tax treatment of banks, corporations out in Official Gazette
LEGISLATION WATCH- Banks now know how they’ll calculate the cost of investment in treasuries under changes to the tax code:…
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