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The battle to maintain 0.05% ergot rule continues
The battle to maintain 0.05% ergot rule continues: The government filed an appeal against last month’s Administrative Court verdict that…
SPEED ROUND
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SPEED ROUND
Government to issue amendments to laws to regulate public spending
Attention government suppliers and contractors. Finance Ministry looking to overhaul tendering process. The government will be introducing a slew of…
How will VAT impact the telecoms sector?
Telecoms sector braces for VAT: As the date of implementing the value-added tax (VAT) in its second year closes in…
Fuel hike to reduce state expenditures on fuel subsidies to 7-8% of total spending
Companies are continuing to calculate adjustments to rising production costs after last Thursday’s fuel hikes. The Federation of Egyptian Chambers…
Eurobond issuance in September
Another Eurobond issuance coming in September? It appears that the Finance Ministry is considering another EUR-denominated bond issuance in September,…
Abraaj planning IPO of Libstar
Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar, which may value the…
Cabinet roundup
The Ismail cabinet approved draft legislation giving individual government agencies powers to reclaim and seize their respective unlawfully occupied land.…
El Sisi appointed on Thursday new heads to three judicial bodies
President Abdel Fattah El Sisi appointed on Thursday new heads to three judicial bodies, marking the first appointments by presidential…
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