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FinMin releases final draft of the Customs Act
** #2 LEGISLATION WATCH- FinMin releases final draft of the Customs Act: The Finance Ministry has released the final draft…
SPEED ROUND
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SPEED ROUND
Egypt could issue up to USD 20 bn in FCY-denominated bonds over the next four years
** #1 EXCLUSIVE- Egypt could issue up to USD 20 bn in FCY-denominated bonds over the next four years: The…
Microsoft to invest in Southeast Asian ride-hailing app Grab
Microsoft is said to be investing an unspecified sum in Southeast Asian ride-hailing app Grab, which is already on track…
Younis said to be stepping down as RenCap Egypt CEO + Saad to become cabinet spokesperson
MOVES- Veteran investment banker Mohamed Younis (LInkedIn) is stepping down as CEO of Renaissance Capital’s Egypt operation by year’s end…
FRA completes amendments to law governing EIPF
LEGISLATION WATCH- FRA completes amendments to law governing EIPF: The Financial Regulatory Authority (FRA) has completed amendments to the law…
Net FX reserves reach USD 44.45 bn at end-September
Egypt’s net foreign reserves rose marginally to USD 44.45 bn at the end of September, up from USD 44.42 bn…
First gas from Israel could begin flowing to Egypt by March
** #7 First gas from Israel could begin flowing to Egypt by March: Egypt could begin importing gas from Israel…
Fuel subsidy bill for 1Q2018-19 to increase EGP 10 bn
Fuel subsidy bill for 1Q2018-19 to increase EGP 10 bn: Egypt spent EGP 10 bn more than budgeted for the…
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