Finance Ministry prohibits exporting leather before inspection by GOEIC

The decision aims to regulate the export of leather and prevent manipulation in the shipments exported, says Industry Minister

Daily News Egypt

15 contracts ratified for investing in the SCZone: worth nearly EGP 1bn

Companies include Siemens, Mediterranean Fertilizers Company and El Mahaba for Packaging and Packing Materials

Mohamed Ayyad

Elmenus closes Series A funding round with USD 1.5m from Algebra Ventures

Prior to the Algebra investment, Elmenus had raised only $60,000 in outside funding

Elsayed Solyman

Inflation likely to resume rally if government delivers on next round of austerity measures

Research houses expects prices to shoot up again with applying subsidy cuts and VAT

Elsayed Solyman

Increase in stamp and tax collections in next budget: government source

Recent increases reduce the budget deficit and contribute to the control of debt, but increase pressure on citizens, Hani Tawfek 

Mohamed Ayyad

Al-Sisi heads to Germany for German-African Summit

President is scheduled to meet with chancellor Merkel to discuss latest developments in the region and bilateral relations

Farah Bahgat

Endowments Authority aims to increase revenues to EGP 1.5bn in FY 2017/2018

The ministry studies to establish service, recreational, and commercial projects, says Abdel Hafez

Aisha Zidane

Egyptian Business Association set to address the cabinet about problems resulting from 2% rise in interest rate after Eid Al-Fitr

The committee addresses the government to provide the land to the general developer companies, says Fawzy

Shaimaa Al-Aees

Investment Ministry, AmCham cooperate to promote Egyptian economy to American financial community

We are working on finalising the comprehensive investment map for Egypt, says Nasr

Daily News Egypt

Finance Ministry considers increasing cigarette prices by EGP 0.5-2

We have submitted a proposal to increase the tax on imported hookah tobacco by 175% next fiscal year, says Imbaby

Ahmed Farahat