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The movable guarantees law exec regulations are positive, need clarity –Sharkawy & Sarhan
Our friends at the Sharkawy & Sarhan law firm published their take on the executive regulations of the movable guarantees…
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New regulations on M&A, private placements in the pipeline
New regulation is in the pipeline for the financial industry, with mergers and acquisitions and private placements set to come…
Regulations to write-off expenses incurred in sourcing FX from the parallel market coming “soon”
Businesses will soon learn how they can treat for tax purposes the discrepancy between what they paid for FX in…
Egypt’s gas sector to change profoundly within five years
Egypt’s natural gas sector is “on pace for a profound change in the next five years,” consultant Wood Mackenzie says.…
40 mn people will be removed from supply subsidies system in phase two of purge
The second phase of the Kramer purge will remove 40 mn people from the supply smart card subsidies system, bringing…
Banque du Caire to IPO in April or May
Pencil in 2Q2017: Banque du Caire’s IPO will be in “April or May” of this year, Al Mal reported. Issuance…
What does Cabinet want foreign investors to know?
What does Cabinet want foreign investors to know? Look no further than the cabinet-sanctioned readout (pdf) from EFG Hermes’ Egypt…
Health Ministry issues new price increases on meds
The prices of 3,010 individual medicines (pdf) will rise 30-50% under new pricing formula approved by the Health Ministry. Retail…
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