Government considers flexible mechanism to determine electricity prices
New proposal to review electricity prices every six months due to changes…
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Qalaa Holdings chairperson sentenced to prison in absentia over $18m cheque dispute
The court ruling was in absentia and of the first degree related…
Technology, population are crucial to digital payments growing without a ceiling
The Finance Ministry bore the burden of changing the culture of digital…
Egypt’s trade deficit decreases by 39.7% in March 2022
Egypt’s trade deficit recorded $2.26bn in March 2022, down from March 2021’s…
Egypt’s Tax Authority demands taxpayers quickly pay original dues before end of June
This is in order to benefit from the facilities provided in the…
NBE raises stake in Afrexim Bank by $326.6m
This comes after Afrexim Bank invited shareholders to participate in increasing its…
Egypt’s Tanmeyah acquires tech-driven B2B platform Fatura
The platform brings together retailers, manufacturers, and wholesalers in one place. Fatura…
Annual urban inflation in Egypt hits three-year high in May driven by price hikes of water supply, subsidised vegetable oils, rice
Inflation continues to be affected by depreciation of exchange rate, repercussions of…
Raqamyat for payments and e-commerce begins its work in Egypt
The company aims to build a strong electronic payments community in the…