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More sectors angling for exemption from private sector min wage
Business leaders want to exempt companies in eight sectors from complying with the new privatesector minimum wage, which will take…
CBE issues framework for instant digital payments
The Central Bank of Egypt has released the regulations(pdf) for its instant payment network (IPN), part of its strategy to…
FRA expands caps on margin trading
FRA expands caps on margin trading: The Financial Regulatory Authority (FRA) issued a decision on Thursday setting new caps on…
TONIGHT: FRA expands proposed caps on margin trading + the EBRD is more optimistic about our growth. Plus: Egypt signed a coal phase-out agreement at COP26
…and just like that, the first week of November is over. We hope the week has been kind to you…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Market roundup on 20 October
The bourse will allow the EGX100 index to trade up or down 10% within the day’s trading session, rather than…
Investor confidence in Egypt’s renewables is rising, but risks remain
Investor confidence is rising in Egypt’s renewables, but major risks are still seen in some areas: Since the launch (pdf)…
Another landmark in the tax overhaul: FinMin issues official Customs Act exec regs
The final executive regulations of the Customs Act have been issued by the Finance Ministry and were published (pdf) in…
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