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Egypt issues executive regulations of unified tax procedures law
Egypt has issued the executive regulations of the unified tax procedures law, according to The Egyptian Minister of Finance, Mohamed Maait.
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Egypt cuts export tariffs on nitrogen fertilisers
The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision to extend the levy of export tariffs on nitrogen fertilisers under the ministerial decree no. 59 of 2021, while reducing…
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TAQA Arabia signs EGP 916m financing deals with NBE
TAQA Arabia, a subsidiary of Qalaa Holdings, signed financing contracts worth EGP 916 million with the National Bank of Egypt (NBE) to expand its investment plans.
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Egypt’s Mashaat discusses bilateral ties with Russian President’s Advisor
Egypt begins bilateral talks with the Russian side within the activities of the 2021 St. Petersburg International Economic Forum (SPIEF) to discuss economic relations between Egypt and Russia.
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Sustainable Capital Africa Alpha Fund raises stake in Orascom Construction
Sustainable Capital Africa Alpha Fund increased its stake in Orascom Construction Plc to 11.11% of the company's total outstanding shares on 1 June 2021.
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Egypt’s economy grows 2.9% in Q3-20/21
Egypt's economy remained on its growth trajectory, registering a gross domestic product (GDP) growth of 2.9% in the third quarter (Q3) of fiscal year (FY) 2020/2021.
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Russia expects to resume charter flights to Egypt resorts in near future
Russia is expected to resume charter flights to Egyptian resorts in the near future, some details are left to be worked out, its Deputy according to Foreign Minister Mikhail Bogdanov on the sidelines…
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Egypt’s business conditions remain contracted in May yet outlook improves – IHS Markit
Egypt's non-oil private sector activity contracted in May for the sixth month in a row, but at its lowest pace in three months, according to IHS Markit's new survey
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Egypt’s furniture exports record $87B in 4 M
Egypt's furniture exports increased by 29 percent to $87 million during during the first four months of 2021, compared to $67 million during the same period a year earlier, according to The Egyptian…
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Egypt’s food exports to European Union in 3 months hit $152M
Food exports to the European Union increased by 24 percent during the first quarter of 2021, to record about $152 million, compared to $116 million during the same period of 2020 according to The Food…
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