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FRA’s non-banking services strategy entered into force
REGULATION WATCH- Financial Regulatory Authority is zeroing in on non-bank financial services: The Financial Regulatory Authority’s comprehensive non-banking services strategy…
CBE to relaunch its EGP 16.8 bn debt relief program
The CBE is looking likely to relaunch its EGP 16.8 bn debt relief program by no later than April, sources…
House to consider new salary-related amendments to Income Tax Act
LEGISLATION WATCH- An MP is trying to sneak in changes to how salaries are taxed: The House Planning and Budget…
Moody’s maintains positive outlook on Egypt’s banking system
Moody’s maintains positive outlook on Egypt’s banking system: Moody’s Investors Service said in a report on Monday (pdf) that it…
Egypt’s House committee gives preliminary nod to E-payments Act
LEGISLATION WATCH- House committee gives preliminary nod to E-payments Act: The House of Representatives’ Economic Committee has preliminarily approved the…
China Eximbank to finance Egypt’s USD 2.6 bn Attaqa hydroelectric plant
China Eximbank to finance USD 2.6 bn large-scale Attaqa hydroelectric plant: The Egyptian Electricity Holding Company has signed a financing…
Industry Ministry targets 8% growth for the industrial sector
Industry Ministry targets 8% industrial growth by 2020: The Industry Ministry wants to see industry growing at an 8% annual…
FinMin forecasts spending at EGP 1.5 tn in draft FY2019-20 state budget
EXCLUSIVE- FinMin’s draft FY2019-20 state budget sees spending at EGP 1.5 tn: The draft FY2019-20 state budget forecasts government spending…
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