|
Business
-
Economy
12/10/2023 7:14:27 PM
The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current fiscal year (FY) 2023/24, said Minister of Planning and Economic Development Hala El-Said.
|
|
Business
-
Economy
12/6/2023 6:53:03 PM
The Egyptian government’s revenues surged 29.5 percent year-on-year to EGP 335.13 billion ($10.83 billion) during the first three months of the fiscal year (FY) 2023/2024, according to data released by the Ministry of Finance.
|
|
Business
-
Economy
12/3/2023 6:49:51 PM
The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said on Sunday.
|
|
Business
-
Economy
11/30/2023 6:29:06 PM
The Egyptian government is wrapping up an initiative to sell real estate units in foreign currency to foreigners and expats to boost real estate exports and secure more hard currency amid a severe shortage in the US dollar supply.
|
|
Business
-
Economy
11/26/2023 12:12:28 PM
The Egyptian government has announced the allocation of EGP 202 billion for supporting its pension system during the fiscal year (FY) 2023/2024, said Mohamed Maait, minister of finance, according to an official statement on Saturday.
|
|
Business
-
Economy
11/21/2023 7:42:20 PM
The Egyptian government needs to offer more incentives to boost local industries amid the campaign to boycott companies that support Israel, experts said to Ahram Online.
|
|
Business
-
Economy
11/16/2023 10:42:04 AM
The Egyptian government increased investments in the agriculture and irrigation sector by 71 percent year-on-year (YoY) to EGP 116.6 billion ($3.77 billion) for the fiscal year (FY) 2023/2024, according to a report by the Ministry of Planning and Economic Development on Wednesday.
|
|
Business
-
Economy
11/10/2023 12:12:24 PM
Egyptian government and auto manufacturing entities signed framework agreements with three local companies to cooperate in domestic car assembly, according to a Cabinet statement on Thursday.
|
|
Egypt
-
Society
11/8/2023 9:34:20 PM
The Egyptian government has extended the grace period for foreigners residing unlawfully in Egypt to adjust their status by three months, a Cabinet statement read on Wednesday.
|
|
Business
-
Economy
11/7/2023 3:11:37 PM
Abu Dhabi Ports Group will sign a final 30-year concession agreement with the Egyptian government to manage and operate the Safaga Port on the Red Sea within weeks, according to the group’s Head of Ports Cluster Saif Al-Mazrouei.
|
|
Business
-
Economy
11/5/2023 2:41:37 PM
The Egyptian government decreased the duration of power cuts in the country from two hours to one hour after natural gas supplies increased slightly, according to media reports on Sunday.
|
|
Business
-
Economy
10/30/2023 5:43:56 PM
The Egyptian government is planning to create around 800,000 new jobs during the fiscal year 2023/2024, according to a report by the Ministry of Planning and Economic Development on Sunday.
|
|
Egypt
-
Society
10/25/2023 11:06:36 AM
If you live in any of the Egyptian governorates, make sure to set your clock back one hour to standard time, starting Thursday night as the Daylight-Saving Time (DST) officially ends on Friday after lasting for six months since 28 April.
|
|
Business
-
Economy
10/12/2023 7:48:29 PM
The Egyptian government exempted a list of 12 basic foods from customs duties for six months, effective on Tuesday, 11 October, according to a decree published in the Egyptian Gazette on Thursday.
|
|
Business
-
Economy
10/3/2023 10:08:59 PM
The Egyptian government, in collaboration with the Central Bank of Egypt (CBE), is set to announce next week an initiative aimed at reducing the prices of basic commodities, according to a Cabinet statement on Tuesday.
|
|
Business
-
Economy
9/21/2023 3:55:16 PM
Intesa Sanpaolo Group has started preliminary talks with the Egyptian government for a possible purchase of Alexbank’s 20% remaining stake, said Marco Rottigni, head of the International Subsidiary Banks Division.
|
|
Egypt
-
Society
9/16/2023 10:32:38 AM
MP Hala Abu El-Saad has submitted an urgent inquiry to the Egyptian government following complaints over prolonged power blackouts, despite lower temperatures in September.
|
|
Egypt
-
Politics
9/15/2023 2:21:43 PM
The Egyptian government approved on Thursday a draft resolution to amend some provisions of the premier's 2019 decision on granting Egyptian citizenship to foreigners.
|
|
Egypt
-
Society
9/14/2023 8:49:08 PM
The Egyptian government has extended the deadline for Egyptian expats to settle their military service position from September 13 to October 13, 2023, in response to major popular demand.
|
|
Business
-
Economy
9/7/2023 5:37:26 PM
The Egyptian government seeks to collect $1.5 billion in external financing before the end of 2023, Minister of Finance Mohamed Maait stated on Thursday.
|