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Egypt
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Politics
10/22/2022 8:39:33 PM
Representatives of more than 80 political parties, plus MPs, will participate in the three-day Egypt Economic Conference 2022, which is due to kick off on Sunday and aims to draw up an economic roadmap for Egypt, the cabinet's spokesperson Nader Saad said on Saturday.
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Business
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Economy
10/22/2022 11:17:45 AM
The Egyptian government has agreed to send a draft bill to parliament that grants new investment incentives for certain industrial projects in designated zones for a period of up to 10 years, a cabinet statement said on Thursday.
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Egypt
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Urban & Transport
10/20/2022 6:07:50 PM
Egypt launched on Thursday the first phase of its bike-sharing project 'Cairo Bike' with 250 bikes to rent for a pound/hr at 25 stations around the capital's downtown area.
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Egypt
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Politics
10/17/2022 11:22:27 PM
The House of Representatives’ Legislative and Constitutional Affairs committee approved on Monday a draft law submitted by the Cabinet allowing Egyptians aged 15 to obtain national IDs , lowering the age requirement from 16 to 15.
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Business
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Economy
10/16/2022 9:16:12 PM
Egypt expects to attract foreign currency worth around EGP 50 billion ($2.5 billion) from the four-month initiative announced recently by the government that allows Egyptians expats to import personal cars free of customs duties or taxes, Finance Minister Mohamed Maait said on Sunday.
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Business
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Economy
10/12/2022 11:07:29 PM
The Egyptian Cabinet approved on Wednesday a draft law allowing Egyptians living abroad or their families to have one personal-use vehicle shipped to Egypt without paying customs duties or taxes, including the value-added tax (VAT).
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Egypt
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Politics
10/12/2022 11:02:37 PM
The Egyptian Cabinet approved on Wednesday a new draft law on reconciliation on building violations after an outdated law, passed in March 2019, failed to address much of up to 2.8 million reconciliation requests submitted by citizens to the government.
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World
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Region
10/12/2022 9:59:19 PM
Israel's agreement with foe Lebanon to demarcate their maritime border makes conflict with the Iran-backed militant group Hezbollah less likely, the Israeli premier said Wednesday, after his cabinet voiced support for the deal.
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Business
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Economy
10/10/2022 7:47:46 PM
Net foreign direct investment (FDI) inflows rose by 71.4% to hit about dlrs 8.9 billion during last fiscal year (FY) 2021-2022, if compared to the same period last fiscal year (FY) 2021-2022.
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Egypt
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Urban & Transport
10/7/2022 4:00:10 PM
The Egyptian consortium made of Arab Contractors and El-Sewedy Electric finished the construction of the main body of Julius Nyere Dam Rufiji River in Tanzania, Egypt’s Ministry of Housing announced in a report that the cabinet shared on Friday.
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World
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Africa
10/3/2022 8:14:41 PM
Kenya's new president says the Cabinet has ``effectively'' lifted the country's ban on openly cultivating genetically modified crops, reversing a decade-old decision as the East African country struggles with food security and a deadly drought.
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Business
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Markets & Companies
9/26/2022 11:01:45 PM
Egypt’s National Company for Producing and Bottling Water (Safi) and Wataniya Petroleum are being restructured in preparation for being offered on the Egyptian Stock Exchange before the end of 2022, according to a cabinet statement.
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Egypt
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Tourism
9/26/2022 3:11:06 PM
Egypt plans to establish its first green yacht marina powered by renewable energy and extended over an area of 25,000 square metres to accommodate 65 yachts, a cabinet statement read on Sunday.
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Business
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Energy
9/25/2022 11:27:15 PM
Egypt has seen an unprecedented leap in its natural gas export revenues, which have increased 13-fold over the past eight years, according to a report issued on Sunday the Cabinet’s Information and Decision Support Centre (IDSC).
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COP27
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Climate change
9/22/2022 6:17:37 PM
Egypt’s port of Adabiya in the Suez Canal Economic Zone (SCZONE) received a shipment from Italy of 42 turbine blades for the Ras Ghareb wind farm, according to a cabinet statement on Thursday.
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Egypt
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Foreign Affairs
9/18/2022 11:46:34 AM
Egypt's Prime Minister Mostafa Madbouly left for London on Sunday morning to attend the funeral of Queen Elizabeth II on behalf of President Abdel-Fattah El-Sisi, a cabinet statement read.
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Business
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Markets & Companies
9/18/2022 10:43:42 AM
Qatar Investment Authority (QIA), the Qatari sovereign wealth fund, has expressed eagerness to pump investments into the tourism and hotel sectors in Egypt, a statement by the cabinet on Saturday read.
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Business
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Economy
9/17/2022 11:16:43 PM
The Sovereign Fund of Egypt (TSFE) implemented or signed binding deals to execute 10 projects worth EGP 25.5 billion in 2021, and is studying 44 projects for total investments worth EGP 140 billion over the coming five years, TSFE CEO Ayman Soliman said on Saturday.
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Business
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Markets & Companies
9/15/2022 4:42:49 PM
“We have received the cabinet's approval to release a new EGP 2 coin to save several coin denominations," Minister of Finance Mohamed Maait announced on Thursday.
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Business
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Economy
9/13/2022 3:10:20 PM
Prime Minister Mostafa Madbouly has reiterated Egypt's readiness to issue immediate licenses for investment enterprises in order to support the national industry and various sectors and increase the rates of local manufacturing, a cabinet statement said on Tuesday.
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