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Egypt’s cabinet greenlights Mineral Resources Act amendments
LEGISLATION WATCH- Cabinet greenlights amendments to Mineral Resources Act: The Madbouly Cabinet has approved amendments to the Mineral Resources Act…
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NATCO will accept a wider range of payments for Mercedes after ECA complaints
Local Mercedes agent National Automotive Company (NATCO) will now accept a wider range of payment terms for its vehicles, the…
New regs to govern Egypt’s investment zones
Investment Minister Sahar Nasr has issued new regulations for investment zones outlining general stipulations and clarifying procedures to establish these…
Egypt’s gov’t doesn't intend to reintroduce the capital gains tax
The capital gains tax on stock market transactions isn’t coming back (yet). The government doesn't intend to reintroduce the capital…
Executive regs to settle fines for building violations in Egypt coming soon
LEGISLATION WATCH- Exec regs for temporary law to settle building code violations will be issued soon: The executive regulations for…
FinMin calls off EGX stamp tax increase
FinMin calls off EGX stamp tax increase: The Finance Ministry will not increase the stamp tax on EGX transactions this…
Capital market authorities consider lowering EGX fees
REGULATION WATCH- Regulators are considering lowering fees on stock market transactions in an ongoing effort to mitigate the effect of…
GAFI issues regs on how preferred shares work in Egypt
REGULATION WATCH- Tweaks to regulations on how preferred shares (or preference shares, if you prefer) work: The General Authority for…
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