Osoul, Adilease signs MoU for EGP 350m financing in margin purchases
In a statement to the Egyptian Exchange (EGX), the company stated that the MoU stipulates the provision of financing worth EGP 350m. This would go directly to assets to refinance…
Opinion| One last warning
This was evident in Addis Ababa's insistence to move forward and fill the second phase of the dam with nearly 14 billion sqm of the river’s water, nearly three times…
Opinion| Royal exodus is procession of power and peace
In a majestic procession, 22 kings and queens of the Pharaonic state will be moved from the Egyptian Museum for the first time to the place of their permanent exhibition…
Egypt, EU discuss joint relations, future cooperation under 2021-2027 strategy
Minister Al-Mashat suggests that EU expands blended finance tools to boost private investments in Egypt
Egypt sees 0.7% decrease in manufacturing, extractives index in January 2021: CAPMAS
Manufacturing, extractive industries index, excluding crude oil and petroleum products, reaches 99.59 (primary data) during January
Egypt to review import duties on iron billets, rebar in April
Duties on iron billets, steel rebar would be reduced to 10%, 17%, respectively, starting from April
The Pope and Grand Imam: A Thorny Path
First-ever book to recount journey of human fraternity announced by Abu Dhabi
Companies uncommitted to e-invoice system will be referred to prosecution: Finance Minister
Egyptian law stipulates that every taxpayer is obliged to issue tax invoice or receipt in electronic form
CBE Governor, South Korea Ambassador discuss strengthening bilateral cooperation
Both agree that Egypt is promising market with geo-political, geo-economic importance
Parliament’s budget committee, food chains to meet for VAT amendment discussions
Finance Ministry suggests higher VAT of 14%, up from 5%, on snacks, sweets, soaps, detergents, raising industry-wide concerns of drop in demand due to sizable hike