Egypt’s government investments stand at EGP 280.7bn in FY 2020/21 budget

The new investments aim to move the economy onto sustainable growth, and to provide new job opportunities, especially in light of the global economy slowdown as a result of the…

Mohamed Abdel Meguid

Data Protection Law supports data centre localisation in Egypt: MCIT

This comes in light of President Abdel Fattah Al-Sisi’s ratification of Law No. 151 for 2020 on protection of personal data, after Parliament’s earlier approval.

Mohamed Alaa El-Din

Egypt follows up on murder of Egyptian expat in Jordan

Murder suspect was arrested by Jordanian authorities

Daily News Egypt

Banning Egypt-Kuwait flights is temporary, will be reviewed soon: Kuwaiti FM

Egyptian Foreign Minister Sameh Shoukry and Al Sabah discussed over the phone the conditions of Egyptian and Kuwaiti expatriates in both countries, confirming the distinguished relations between Egypt and Kuwait.

Daily News Egypt

Musk statements on alien construction of Egypt Pyramids denounced as ‘hallucinations’

Egypt’s Minister of International Cooperation Rania Al-Mashat has invited Musk to visit Egypt, “to explore the writings about how the pyramids were built."

Daily News Egypt

Egypt Communications Ministry launches initiative enabling 20,000 youths to freelance

The initiative, run through the integrated community centres developed by the Ministry of Communications and Information Technology, was launched in cooperation with the Ministry of Youth and Sports.

Daily News Egypt

Egypt stresses strong relations with Kuwait, condemns attempts to disrupt them

In the Friday statement, the ministry noted that the bilateral cooperation is aimed at achieving the common interests of the Egyptian and Kuwaiti peoples.

Bassant Mohammed

Sudan welcomes its removal from US list of states sponsoring terrorism

Country’s removal from list of state sponsors of terrorism is historic opportunity for Sudan’s civil transformation, says Pompeo

Sarah El-Sheikh

Egypt’s Mashro’ak provides EGP 14.6bn in finances to 150,000 SMEs since its founding

The funding, which was provided between the project’s inception until the end of July, has helped provide 826,000 job opportunities for young people involved with these projects.

Daily News Egypt

Tax exemption limit increases 60%, no income tax on salaries up to EGP 24,000

The amendments come under Income Tax Law 26/2020, that aims to improve tax brackets, whilst addressing and rectifying the distortions of previous system that were based on tax deduction. The…

Daily News Egypt