Charai Sea Shipping: a new dark-fleet cluster after the dismantling of Gatik Ship Management
In recent months, the seizure and detention of vessels by Western countries—including the United States, the Netherlands, France, and Belgium—have drawn significant media attention. These operations reflect a broader effort…
Egypt’s Environmental Protection Fund expands financing for greener industrial projects
Egypt's Environmental Protection Fund (EPF) has approved additional financing for a revolving loan programme supporting small and medium-sized industrial enterprises, as part of efforts to improve environmental compliance and promote…
FRA Chair discusses final preparations for launch of short selling on EGX
The Financial Regulatory Authority (FRA) held an extensive discussion session at its headquarters on the final preparations for activating the short selling mechanism on the Egyptian Exchange (EGX). The session…
Amazon Egypt Sees Prime Day as Key Driver of Value, Digital Growth
Amazon Egypt views Prime Day as more than a seasonal shopping event, positioning it as a key opportunity to deliver value to Egyptian consumers, support local sellers, and contribute to…
Iran declares Swiss talks breakthrough on frozen assets as focus turns to nuclear file
Iran announced on Tuesday that it had reached an agreement with the United States to secure the release of $12bn in frozen Iranian assets during the first round of negotiations…
Egypt’s parliament approves VAT law amendments, cuts medical device tax to 5%
Egypt's House of Representatives granted final approval on Tuesday to a draft law amending the Value Added Tax (VAT) law, significantly reducing the tax on medical devices to 5% while…
Strong information infrastructure key to smart investment, accelerated digital transformation: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, inspected the Information Infrastructure Centre for the Egyptian Planning System, affiliated with the ministry, accompanied by Mohamed Hindi, Acting Executive Director of…
FRA approves 13 companies to undertake non-bank financial activities
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-bank financial activities, as part of its continued efforts to enhance the quality and competitiveness of…
Supply minister, TMT discuss introducing French retail chain Monoprix to Egyptian market
The Minister of Supply and Internal Trade, Sherif Farouk, held a meeting with officials from TMT for Multi Trading & Distribution (TMT), a leader in the management and operation of…
Investment minister unveils new initiatives during talks with private equity leaders
Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with members of the Egyptian Private Equity and Venture Capital Association (EPEA) during the association’s Capital Call initiative to discuss…