Opinion| Egypt’s New Administrative Capital and support for real estate developers
There are developers that are racing against time, and others that do not have a presence in reality. Many are lost, without a clue on how to do anything.
Opinion| Egypt and the advancement of the African economy
Egypt is enhancing cooperation with its brothers in Africa in all fields, especially economic and development, confirming its keenness to complete its active role in its regional environment. This also…
Egypt Kuwait Holding invests $180m in subsidiaries in 2021
A source with the Egypt Kuwait Holding has exclusively told Daily News Egypt that the company has earmarked $180m for capital expenditures in its subsidiaries this year. The funds will…
Egypt’s Parliament approves law allowing dismissal of Muslim Brotherhood employees
Draft law submitted by MP Ali Badr was approved by the House of Representatives’ Legislative and Constitutional Affairs Committee
Raya Contact Center Services acquires controlling stake in Gulf CX in $12.2m deal
The move comes after Raya Call Center Services Company’s Board of Directors submitted a purchase offer to acquire a controlling stake in Gulf CX. The latter serves more than 40…
Egypt, Spain discuss areas of joint cooperation, future projects
Egypt is leading destination for Spanish companies, investors in Africa, says Xiana Méndez Bértolo
Egypt’s Financial Regulator approves 1st SME funding licence in NBFC sector
Egypt’s Financial Regulatory Authority (FRA) has agreed to grant the first licence for small and medium enterprise (SME) funding to a company operating in the microfinance sector. This licence allows…
Progress in Africa integration boosts prospects for economic transformation in Egypt
The African Continental Free Trade Area (AfCFTA) agreement could mean Egypt adds at least 32 new trade partners to its repertoire, and help diversify and upgrade the country’s economy. To…
From now on, taxpayers must disclose unified tax number when advertising goods: Finance Minister
Announcement will be mandatory component of advertisement, so that taxpayers can avoid tax evasion
Mobile services penetration reaches 97.5% of Egyptians in Q1 2021: CIT Ministry
Egypt’s Ministry of Communications and Information Technology has revealed that the percentage of mobile services penetration has reached 97.5 of every 100 Egyptians during the first quarter (Q1) of this…
