Egypt’s tourism adopts preventive measures against COVID-19
Workers in hotels will be provided with all required logistics including socks, masks, and gloves. Moreover, the hotels contracted with highly-trained medical teams to deal with any suspected cases of…
Real estate companies stand against Coronavirus
As for the sites in the projects, Fekri elaborated that the company provided antiseptics and masks to workers, and a list of instructions for preventing the virus spread followed by…
International institutions, embassies in Egypt take precautionary actions against COVID-19
EUD, EBRD, US embassy allow employees to work remotely
Banks stand up against Coronavirus to protect employees, clients
CIB suspends all internal activities including gatherings in large numbers, limits training to online courses
Egypt keeps pursuing diplomatic route over GERD, although talks stalled
Ethiopia prepares new draft agreement on GERD, Sudan to reportedly mediate talks
Al-Sisi approves amendment to Anti-Money Laundering Law
The amendments of the law were published in Egypt's official Gazette
FocusEconomics expects global recession over 40% in next 12 months due to COVID-19
FocusEconomics panelists have markedly revised its Coronavirus estimate on its impact on global GDP growth as the virus continues to spread around the world.
Communication Minister, Egyptian companies discuss launching educational applications for students
On the other hand, the MCIT is awaiting a list of educational sites for school and university students to send to telecommunications companies to make their browsing free of charge.
Finance Ministry reduces stamp tax to 0.5 per thousand, postpone capital gains tax
The decision will be presented to the economic ministerial group in its meeting today. The discussion is supposed to include approving incentives to stimulate the Egyptian Exchange (EGX), such as…
Government decision regarding stock exchange taxes awaited by EGX
Global, local stock exchange losses, halting transactions will likely trigger panic selling