IPOs will support public sector businesses: Minister of Industry
Abdel Nour said that the investment climate has improved significantly over the past three months.
Reforms will help curb budget deficit: Mehleb
Outgoing Prime Minister Ibrahim Mehleb said the government has presented a ‘bold’ budget for the coming fiscal year which will overhaul the energy subsidy system
Introduction of new gas wells will reduce power outages: Petroleum minister
A large part of foreign contracting for importing liquefied natural gas has been completed.
Egypt planning to store wheat for Arab countries: Supply minister
The minister estimated that savings to be achieved from the new bread subsidy system in the canal governorates will amount to 30% of the total subsidies provided.
Decision on stock market tax is ‘final and irreversible’: Finance minister
Dimian estimates that proceeds to the treasury from the new tax will range from EGP 5 - EGP 6bn, but this will be linked to market performance.
Al Jazeera trial postponed a tenth time, bail denied
Defence attorneys question expert witnesses’ credibility
Presidential decree issued to regulate flag, anthem usage
Violation of law punishable by year in prison, EGP 30,000 fine
Arab Beverages Conference and Exhibition to be held in Egypt in September
Egypt’s Food Export Council aims to increase exports from EGP 20bn to EGP 40bn by 2020
EGP 349m revenue in tourism development over current fiscal year: Tourism development CEO
Siraj Al-Din says General Authority for Tourism Development achieved 80% of its EGP 430m revenue target for current fiscal year