Economy
Egypt increases prices for gas cylinders
December 4, 2021
Egypt increases prices for gas cylinders
The Ministry of Petroleum and Mineral Resources in Egypt began on Saturday to enforcing an increase to the prices of…
Egypt discusses with Belarusian MAZ the production of natural gas buses
December 4, 2021
Egypt discusses with Belarusian MAZ the production of natural gas buses
The Egyptian Minister of the Public Business Sector, Hisham Tawfek, discussed with a delegation from the Belarusian MAZ company a…
Investors flee U.S. corporate junk debt on inflation, Omicron concerns
December 4, 2021
Investors flee U.S. corporate junk debt on inflation, Omicron concerns
CHICAGO, Dec 2 (Reuters) – Worries over surging inflation and a new variant of the coronavirus are roiling the U.S.…
Egypt reaches agreement with Transmashholding for maintenance of passenger coaches
December 4, 2021
Egypt reaches agreement with Transmashholding for maintenance of passenger coaches
The Egyptian Minister of Transport Kamel al-Wazir announced, on Saturday, that an agreement had been reached with the Russian company…
Romanian delegation hold talks in Egypt over investments in SCZONE
December 4, 2021
Romanian delegation hold talks in Egypt over investments in SCZONE
A Romanian delegation held talks with officials of the Suez Canal Economic Zone (SCZONE) to discuss ways to enhance cooperation…
CBE exemptions on fees expire by the end of December
December 1, 2021
CBE exemptions on fees expire by the end of December
Thee Central Bank of Egypt’s (CBE) initiative cancelling fees on withdrawal and inquiry via ATM machines for non-customers will expire…
Egyptian parliament introduces 10% tax on mobile phones
November 28, 2021
Egyptian parliament introduces 10% tax on mobile phones
The House of Representatives approved during Sunday’s plenary session the Presidential Decree No. 558 of 2021 to amend some categories…
Egyptian agricultural exports up to 5.2 million tons from January to November
November 27, 2021
Egyptian agricultural exports up to 5.2 million tons from January to November
The Ministry of Agriculture and Land Reclamation announced that Egypt’s agricultural exports amounted to over 5.2 million tons so far,…
Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM
November 24, 2021
Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM
Egyptian Prime Minister Mostafa Madbouly said on Tuesday that his government intends to list five to six companies on the…
Egyptian Government taking serious steps to eliminate bureaucracy
November 23, 2021
Egyptian Government taking serious steps to eliminate bureaucracy
The Government has been taking serious steps to eliminate the bureaucracy it inherited many years ago, Prime Minister Mostafa Madbouly…