Reduction of minimum threshold for buyer ID data on electronic invoices to EGP 25,000: ETA
The Egyptian Tax Authority will reduce the minimum value threshold required to include the national ID data of buyers on electronic invoices from EGP 50,000 to EGP 25,000, starting from…
Egypt’s PM oversees progress of Warraq Island development
Madbouly stresses timely compensation for Warraq Island Project
Banque Misr announces strategic partnership with Belmazad digital auction platform
Banque Misr has forged a strategic partnership with Belmazad, marking a significant investment in Egypt’s inaugural digital public auction platform. This venture is a key component of Banque Misr’s digital…
Egypt, Jordan prepare for 32nd Joint Committee Meeting in Cairo
Preparations are underway in Cairo for the 32nd session of the Egyptian-Jordanian Joint Higher Committee, scheduled for May 7-9. The committee is a key mechanism for advancing economic, trade, investment,…
Egypt, World Bank evaluate ‘Managing Air Pollution, Climate Change in Greater Cairo’ project
Egypt’s Minister of Environment, Yasmine Fouad, Minister of Local Development Hisham Amna, and the World Bank’s Country Director for Egypt, Stephane Guimpert, convened to review the progress of the “Managing…
AZ-Gold Fund achieves 38% return increase since launch: Evolve Investment
Finalisation of third gold investment fund procedures expected in late May
Prime Minister Madbouly reviews amendments to Egypt’s Economic Zones Law
In a strategic initiative to enhance Egypt’s economic position, Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to examine proposed revisions to the Economic Zones Law. Madbouly stressed the…
Egypt’s international reserves climb to $41.057bn in April 2024
Egypt’s international reserves experienced a significant increase, reaching $41.057bn in April 2024. This marks a substantial rise from the $40.361bn recorded in March 2024, reflecting an overall growth of $696m.…
Israel advances on Rafah crossing despite Egypt’s warning
Israeli forces conducted intensive bombings in the Palestinian city of Rafah, located in the southern part of the Gaza Strip, targeting areas near the land crossing into Egypt. This escalation…
Significant potential to increase Egyptian exports to Switzerland: Chief of Swiss Chamber of Commerce
Swiss enterprises are poised to explore investment prospects across diverse sectors in Egypt. These opportunities hinge on a myriad of factors, including market demand, the regulatory landscape, and competitive advantages,…