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Business
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Economy
11/13/2023 12:43:33 PM
The Egyptian cabinet announced that it will hold a press conference soon to provide updates on the government IPO programme and future planning, said Prime Minister Mostafa Madbouly according to a statement.
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Business
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Economy
11/8/2023 8:38:59 PM
The Egyptian Cabinet approved on a Wednesday meeting extending the zero-custom initiative for gold imports by Egyptians abroad for six months ending on 10 May, according to a statement.
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Business
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Economy
11/2/2023 8:10:22 PM
The Egyptian Cabinet increased the reference local wheat procurement price from EGP 1,500 to EGP 1,600 per ardeb (150 kg) for the new harvest season to incentivize farmers to supply to the state, according to a statement on Thursday.
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Business
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Economy
10/24/2023 7:56:05 PM
Egypt’s Cabinet approved issuing a third batch of $500 million Yen-denominated bonds, aka Samurai bonds, with a five-year tenor, according to a statement released on Tuesday.
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Business
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Economy
10/17/2023 5:17:14 PM
Egypt's Suez Canal Economic Zone (SCZone) has signed energy agreements worth up to $14.75 billion, signalling a new era of green energy in the region, according to a statement by the Egyptian cabinet on Tuesday.
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Business
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Economy
10/3/2023 3:09:39 PM
Egypt has released $53.7 billion worth of imported goods from ports between 1 January and 30 September, said Sameh El-Kheshen, the Egyptian Cabinet spokesperson, in a statement on Tuesday.
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Egypt
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Society
9/28/2023 2:02:42 PM
The Egyptian Cabinet approved on Wednesday Egypt's membership of UNESCO's "Revised Convention on the Recognition of Studies, Diplomas, and Degrees in Higher Education in the Arab states."
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Business
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Energy
9/21/2023 2:38:52 PM
The Egyptian Cabinet approved a proposal by the Emirati renewable energy company AMEA Power to build solar and wind power projects in Egypt with 1,500 megawatts (MWs) capacity, according to a statement on Wednesday.
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Business
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Economy
9/20/2023 9:17:04 PM
The Egyptian Cabinet agreed to grant the golden licence to private company EgyptSat Auto to build and operate a factory that will begin producing electric vehicles (EVs) by the end of 2024.
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Egypt
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Society
9/20/2023 5:54:19 PM
The Egyptian Cabinet announced on Wednesday a three-month ban on onion exports to regulate skyrocketing prices in local markets.
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Business
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Economy
9/17/2023 6:07:05 PM
The Egyptian cabinet announced in a statement that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from the local farmers during this year's harvest season, which started in April and ended in September.
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Business
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Economy
9/14/2023 7:37:59 PM
The Egyptian Cabinet issued a draft law to relaunch the zero-customs car import initiative for expats for three months, according to a statement on Thursday.
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Business
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Economy
9/13/2023 5:28:12 PM
The Egyptian Cabinet announced in a statement on Wednesday the approval of building a $1 billion steel industrial complex extending 1.5 million square meters in the Suez Canal Economic Zone (SCZone).
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Egypt
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Presidential Elections 2024
9/7/2023 1:33:28 PM
The Egyptian Cabinet highlighted the ongoing coordination between the National Election Authority (NEA) and various ministries and all other state bodies to ensure that the upcoming presidential elections are conducted “in an optimal manner.”
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Business
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Economy
8/30/2023 10:26:01 PM
The Egyptian Cabinet has approved the creation of the National Council for Green Hydrogen to stimulate green investment, as part of the country's plan to promote sustainable social and economic development.
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Business
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Markets & Companies
8/30/2023 8:12:00 PM
The Egyptian Cabinet has granted Samsung Electronics Egypt a golden licence to build and operate a mobile phone factory in Beni Suef, according to a statement on Wednesday.
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Business
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Economy
8/30/2023 6:56:39 PM
The Egyptian Cabinet approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by the Ministry of Finance, according to a statement on Wednesday.
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Business
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Economy
8/21/2023 3:33:08 PM
Companies in Egypt can now issue multiple sukuk with single approval from the Financial Regulatory Authority (FRA), according to the recent amendments to the Capital Market Law (CML) by the Egyptian Cabinet.
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Business
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Economy
8/20/2023 9:31:10 PM
The Egyptian Cabinet has approved permitting the International Financial Corporation (IFC), the financial arm of the World Bank, to issue Egyptian pound bonds in international markets.
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Egypt
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Politics
8/9/2023 9:33:06 PM
The Cabinet passed a draft law in its weekly meeting on Wednesday to establish a national ID system for real estate properties.
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