Egyptian government outlines second tax facility package targeting industry and capital markets
Egypt plans to replace its capital gains tax on stock market transactions with a stamp duty and cut value-added tax (VAT) on medical devices from 14 per cent to 5…
Trump announces renewed Iran naval blockade as Washington, Tehran trade fresh strikes
US President Donald Trump announced on Monday that Washington would immediately reimpose a naval blockade on Iran and keep the Strait of Hormuz open to commercial shipping "with or without…
Egypt’s exports climb 21.1% to $5.1bn in April 2026
Egypt's exports increased by 21.1% year-on-year to $5.1bn in April 2026, up from $4.2bn in the same month of 2025, according to the Central Agency for Public Mobilisation and Statistics…
FRA raises audit cap for external auditors to five investment funds
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision allowing external auditors to audit up to five investment funds simultaneously, up from the previous limit of…
FRA to launch training programme for state-owned firms ahead of public offerings
The Financial Regulatory Authority (FRA) will launch a specialised training programme within days to prepare state-owned companies that have been provisionally listed on the Egyptian Exchange (EGX), along with their…
Strong domestic, international demand fuels investment in Egypt’s healthcare: GAFI
Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), said there is strong domestic and international demand for investment in Egypt's healthcare sector, particularly in the…
Sustainable aviation fuel roadmap initiated in Egypt with ICAO and EU support
Egypt's Ministry of Civil Aviation has launched the country's first national feasibility study for the production and use of Sustainable Aviation Fuel (SAF) in collaboration with the International Civil Aviation…
Egypt reviews Red Sea sustainable blue economy projects, marine conservation plans
Minister of Local Development and Environment Manal Awad reviewed a package of proposed projects under the Sustainable Blue Economy in the Red Sea and Gulf of Aden (HESBERSGA) initiative, following…
Egypt moves to expand telemedicine services through digital healthcare upgrades
Egypt is stepping up efforts to expand telemedicine services and accelerate the digital transformation of its healthcare system, following a meeting between Minister of Health and Population Khaled Abdel Ghaffar…
Madbouly reviews aviation-petroleum cooperation, advances first sustainable aviation fuel project
Prime Minister Mostafa Madbouly chaired a meeting on Monday with Minister of Civil Aviation Sameh El-Hefny and Minister of Petroleum and Mineral Resources Karim Badawi to review joint initiatives between…