2,376 prisoners released in celebration of Eid Al-Adaha
The Ministry of the Interior announced 2,376 prisoners, including 627 debt defaulters were released through Tahia Misr Fund and some civil society organizations. The pardon came upon presidential decree, and…
Extension of deadline for traders to settle temporary customs status of released goods before issuing new customs law
New draft law rearranges all special customs' systems
1215 industrial establishments have obtained licenses for operating, building in July: IDA
1215 industrial establishments have obtained licenses for operating, and building in addition to temporary operating permits from the Industrial Development Authority( IDA), up from 281 licenses and temporary permits issued…
Sovereign funds pull $5.7 bn from global markets in Q2
Research firm eVestment revealed that the sovereign wealth funds pulled $5.7 bn from stock and bond strategies managed by external asset managers in the second quarter (Q2) of 2018 ,…
Egypt extends fish exports tariff for one year
In April 2017, the ministry had imposed EGP 12,000 per tonne tariff following a hike in fish exports
Ministry of finance to operate bill to change machines in Metro stations
Mint authority is studying introducing new EGP 2 coin
Apache to invest $1bn annually in Egypt: Tarek El-Molla
Apache investments in Egypt exceed $12bn in 23 concession areas, including 20 production regions
Pristine no more: cruise ships, crowds swamp Montenegro
Montenegro's medieval walled city of Kotor, an Adriatic seaport cradled in a spectacular fjord-like bay, has survived centuries of weather and warfare. Now it is facing a different kind of…
Beyond punctuality: surprising German habits at the office
Sparkling wine and cake at work? As much as Germans are renowned for their punctuality and frequent, well-organized meetings, beyond the stereotypes, there is an unsuspected festive culture in office…
German minister pushes for free trade deal ahead of Africa trip
Germany’s development minister Gerd Müller is promoting a "customs-free trade deal in Africa" ahead of his seven-nation Africa visit. Experts say the real issues are being ignored.When it comes to…