{"id":596487,"date":"2019-08-29T04:00:11","date_gmt":"2019-08-29T04:00:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/"},"modified":"2019-08-29T04:00:11","modified_gmt":"2019-08-29T04:00:11","slug":"finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/","title":{"rendered":"Finance Ministry taps economist Hesham El Hamawy to succeed Amr El Monayer"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <b>EXCLUSIVE- FinMin taps economist Hesham El Hamawy to succeed El Monayer:<\/b> Hesham El Hamawy has been appointed as vice minister of finance for tax policy, a position that has been empty since Amr El Monayer <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/06\/what-were-tracking-on-6-march-2018\/\">resigned in March 2018<\/a>, two senior sources in government tell Enterprise. Government officials had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\">previously told us<\/a> that PepsiCo\u2019s Middle East and Africa taxation boss, Khaled Abu Zahra, had been nominated for El Monayer\u2019s job. El Hamawy is a professor of tax and accounting at Cairo University, and is set to be sworn in once President Abdel Fattah El Sisi returns from Japan, where he is attending the Tokyo International Conference on African Development.<\/p>\n<p><b>Ramy Farag<\/b> is also being tapped as <b>assistant to the finance minister for taxation<\/b>, our sources tell us. Farag was previously a tax partner at Ernst & Young Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXCLUSIVE- FinMin taps economist Hesham El Hamawy to succeed El Monayer: Hesham El Hamawy has been appointed as vice minister of finance for tax policy, a position that has been empty since Amr El Monayer resigned in March 2018, two senior sources in government tell Enterprise. Government officials had previously told us that PepsiCo\u2019s Middle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[9403,72,2367,276,9404,206,9405,2380,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596487","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-amr-el-monayer","tag-enterpriseam","tag-ernst-young","tag-finance-ministry","tag-hesham-el-hamawy","tag-moves","tag-ramy-farag","tag-speed-round","tag-tax","wpautop","entry"],"acf":{"mongo_id":"d1f2b0c2-9cf6-4c93-aec6-a29df789aad8","is_powered_by":true,"section_story_id":"abc29ce6-6b26-4596-a36c-cb83e63f115e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596478],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Finance Ministry taps economist Hesham El Hamawy to succeed Amr El Monayer - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry taps economist Hesham El Hamawy to succeed Amr El Monayer\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- FinMin taps economist Hesham El Hamawy to succeed El Monayer: Hesham El Hamawy has been appointed as vice minister of finance for tax policy, a position that has been empty since Amr El Monayer resigned in March 2018, two senior sources in government tell Enterprise. Government officials had previously told us that PepsiCo\u2019s Middle [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T04:00:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry taps economist Hesham El Hamawy to succeed Amr El Monayer\",\"datePublished\":\"2019-08-29T04:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/\"},\"wordCount\":150,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amr El Monayer\",\"EnterpriseAM\",\"Ernst &amp; 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The ministry is now preparing for the implementation of the tax and is putting in place new mechanisms for that,\u2026","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651015,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/finance-ministry-finishes-vat-executive-regulations\/","url_meta":{"origin":596487,"position":2},"title":"Finance Ministry finishes VAT executive regulations","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"The Finance Ministry has finished drafting the long-awaited executive regulations for the value-added tax and a draft of the document is with the State Council (Maglis El Dowla) for review, Deputy Finance Minister Amr El Monayer told DMC. El Monayer said that the regulations reflect the input of the business\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650479,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/finance-ministry-drafts-amendments-to-stamp-and-income-tax-laws-to-incorporate-new-stamp-tax-proposal\/","url_meta":{"origin":596487,"position":3},"title":"Finance Ministry drafts amendments to stamp and income tax laws to incorporate new stamp tax proposal","author":"enterpriseam admin","date":"26 March 2017","format":false,"excerpt":"The stamp tax is becoming official: The Finance Ministry has finished drafting amendments to the Income Tax Law to incorporate the stamp tax on EGX transactions okayed by the Ismail cabinet last week, Al Borsa reports. 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