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Egypt unveils new tax incentives for MSMEs, Finance Minister
Egypt revealed new tax incentives included in the micro-, small- and medium-sized enterprise (MSME) development law, according to Minister of Finance, Mohamed Maait.
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Four insurers lining up bids for TAQA Arabia’s insurance policy
Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia’s assets, sources familiar with the matter told Amwal Al Ghad on Sunday
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Subscriptions to state-owned NI Capital’s 1st ever local currency fund started
Egypt announced that subscriptions to the state-owned NI Capital’s Seyola fund have started with a par value of EGP 10, and a minimum purchase of EGP 1,000 without an upper cap, according to Minister…
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Egypt’s annual core inflation drops to 3.8% in December 2020 – CBE
Egypt’s annual core inflation rate retreated to 3.8 percent in December 2020, compared to 4 percent a month earlier, according to data released by the Central Bank of Egypt (CBE).
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SCZone plans to attract investors from all over the world, official
Suez Canal Economic Zone (SCZone) worked in 2020 on a study that aims at attracting new investments to the zone according to the 2020-25 vision that targets certain industrial sectors, according to…
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Egypt plans to establish 14 axes with cost of EGP18.5bln: Transport Min.
Egypt is planning to establish 14 axes in Upper Egypt at a combined cost of 18.5 billion Egyptian pounds, the Minister of Transport, Kamel El-Wazir announced
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Egypt assigns EGP 236m for Bahr El-Baqar wastewater treatment plant
Egypt has allocated 236 million Egyptian pounds to support the National Organization for Potable Water and Sanitary Drainage’s (NOPWASD) plan to provide electricity to the Bahr El-Baqar wastewater…
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Consortium offers to acquire controlling stake in El Nasr for Agricultural Crops
A consortium containing Al Raed for Agricultural Production and Real Estate Investment and New Smart for Construction submitted an offer to acquire a controlling stake in El Nasr for Manufacturing…
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New capital’s iconic tower reaches its 53rd floor
53 floors of the iconic tower in the Central Business District (CBD) in the New Administrative Capital have been established so far, according to the Egyptian Minister of Housing, Assem El-Gazzar, .
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Private sector, green activities to help Mideast, Africa recover from coronavirus: Mashora
A greater private sector participation in the economy and wider green-led activities and investments are expected to drive recovery from the pandemic in the Middle East and Africa in 2021, but…
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