Tax Authority issues new instructions on offsetting credit, debit balances
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the Authority has issued Instruction No. 46 of 2025, outlining new procedures for offsetting credit and debit balances…
AOI expands cooperation with leading French defence firms
The Arab Organization for Industrialization (AOI) signed a Memorandum of Understanding (MoU) and a cooperation agreement with the French company Sofema on the third day of the Egypt Defence Expo…
AOI targets regional defence hub status through partnership with Turkey’s Amiston
Egypt’s Arab Organisation for Industrialisation (AOI) signed a cooperation protocol with Turkish firm Amiston International Group on Wednesday to localise advanced technologies and systems within the defence industry. The agreement…
Cairo targets African export markets with new defence production agreements
Egypt signed two cooperation agreements with foreign defence companies on Wednesday to locally manufacture military equipment, as the country seeks to boost exports to Africa and the region. Minister of…
Minister of Military Production discusses strengthening Egypt-Italy cooperation
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, met with Agostino Palese, Italy’s Ambassador to Egypt, and his accompanying delegation on the third day of the Egypt Defence…
Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met on Wednesday with Switzerland’s Ambassador to Cairo, Andreas Baum, to discuss broadening bilateral cooperation in the healthcare sector, according to…
Ashraf Abdel Baky: Short films are future of cinema
Anyone who follows Ashraf Abdel Baky’s artistic journey quickly realises he is far more than a popular entertainer; he is a creative force who revived the pulse of Egyptian theatre,…
Egypt aims for $20bn in apparel exports by 2030, tapping global supply chain realignments
Egypt’s ready-made garments and textiles sector has strong potential to achieve a major export leap and reach $20bn in annual exports by 2030, driven by global supply chain shifts and…
Egypt forms committee to address customs disparities, strengthen local industry
Minister of Industry and Transport and Deputy Prime Minister for Industrial Development Kamel Al-Wazir has announced the formation of a committee to investigate harmful customs disparities affecting local industries and…
Net foreign assets of Egypt’s banking sector rise to $22.6bn in October
The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs) in the banking sector rose to $22.656bn, equivalent to EGP 1.070tn, in October 2025, compared to $20.783bn (around…