Business

CBE exemptions on fees expire by the end of December

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…
Austria provides loan worth LE 8.5 mln euros to Egypt for heavy railway equipment

Austria provides loan worth LE 8.5 mln euros to Egypt for heavy railway equipment

The House of Representatives approved during its plenary session on Tuesday the President of the Arab Republic’s Decree No. 495…
Egyptian parliament introduces 10% tax on mobile phones

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

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,…
JETRO delegation discusses investment opportunities in Suez Canal Economic Zone

JETRO delegation discusses investment opportunities in Suez Canal Economic Zone

Executive Director of the Suez Canal Economic Zone Walid Gamal Eddin received on Wednesday a delegation from the Japan External…
Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM

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…
Egypt’s Central Bank announces initiative to shift to smart irrigation methods

Egypt’s Central Bank announces initiative to shift to smart irrigation methods

The Central Bank of Egypt announced a new initiative to finance transition to the use of modern irrigation methods. The…
Egyptian Government taking serious steps to eliminate bureaucracy

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…
Egyptian exports to COMESA countries rise by 32.4% from January to September

Egyptian exports to COMESA countries rise by 32.4% from January to September

Egyptian exports to COMESA countries increased to US$2.3 billion during the first nine months of 2021, compared to $1.7 billion…
Egypt’s economy is expected to grow by 5.6% in 2022

Egypt’s economy is expected to grow by 5.6% in 2022

Egypt’s economy is expected to grow by 5.6 percent in the fiscal year 2021-2022, Minister of Planning Hala Al-Saeed said…
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