Finance Minister asks State Council to review table tax on insurance broker services
Minister of Finance Mohamed Maait responded to the Egyptian Insurance Brokers Association’s (EIBA) request and directed the Egyptian Tax Authority to ask the General Assembly of the Fatwa and Legislation…
CI Capital concludes five bond issuances worth over EGP 7.8bn in December 2023
Five transactions bring CI Capital’s total to 19 issuances with aggregate value of EGP 54.4bn in 2023
Sudanese army, RSF clash again despite diplomatic efforts
Troops from the Sudanese army and the Rapid Support Forces (RSF) fought again on Tuesday in several parts of the capital Khartoum. Eyewitnesses said that the Sudanese army bombed RSF…
Government plans to borrow EGP 1.647trn from local market in Q3 2023/24
Daily News Egypt obtained figures that revealed the government’s plan to borrow EGP 1.647trn from the local market during the third quarter of FY 2023/24, to pay previous maturities for…
No end in sight for Gaza fighting: Israeli Defence Minister
Israeli aggression on Gaza kills 22,185 civilians
Egypt raises electricity prices by up to 26% in bid to curb subsidies
Egypt's Ministry of Electricity announced a 16% to 26% increase in electricity tariffs starting January 2nd, marking the latest step in the government's gradual removal of power subsidies. The move,…
Al-Burhan accuses RSF of war crimes, demands their exit from Sudanese cities
The Chairperson of the Sovereignty Council and the Commander-in-Chief of the Sudanese Armed Forces, Abdel Fattah Al-Burhan, said that the only way to stop the war in his country was…
CBE receives 31 bids worth $1.02bn for USD-denominated T-bill auction
CBE accepts 20 bids worth $850m
Al-Sisi reviews state’s vision to protect, improve quality of life of elderly
Egypt’s President Abdel Fattah Al-Sisi met on Monday with Prime Minister Mostafa Madbouly and Social Solidarity Minister Nevin El-Kabbag to review the state’s vision of protecting and improving the quality…
Israel kills more civilians in Gaza, suffers more casualties, economic losses
Gaza’s Ministry of Health spokesperson Ashraf Al-Qudra said that the Israeli occupation forces carried out 13 massacres, killing 156 and injuring 246 in the past 24 hours. In a press…