The FRA carved out an auditor-rotation exception to smooth companies' path to listing

Auditors get an IPO exception: amendments (pdf) Decision 244/2023 (pdf) Decision 3/2021 (pdf)

The net effect reaches further than the headline suggests:

The problem it fixes:

Saleh tied the move to the FRA’s broader push to bring more companies to market

Also on the regulation front

Capital-market taxes are getting a coordination desk: statement

The committee arrives as a new EGX stamp tax took effect this month wider tax reforms revisit unlisted securities and other capital-market activity