Latest in Highlight
At EGP 0.92 per KW, prices will be linked to the inflation rate and land will be provided on a usufruct system for 20 years
Draft law was approved by Egyptian church representatives
Pope Tawadros II advised last week against an “unsatisfying law”
Cabinet approved draft law Tuesday
‘Egypt’s Support’ members are pressuring MPs into accepting the civil service law, says Maat
The modification to the exchange rate is the main reason for the increase in electricity prices
The strategy aims to enhance the local automotive industry through a specific timetable, to raise the ratio of domestically manufactured components from 45% to 60%.
DST was first applied in 1998, then abolished in April 2011
A month after its ratification, the cabinet did not yet implement the court decision of increasing doctors’ infections compensation
The ministry will announce its final position within two weeks, say sources
Prime minister orders reviewing of trade union federation’s bill, which has been heavily criticised by unionists
The State Lawsuit Authority is expected to argue that the State Council is unauthorised to look into the case
The German government has agreed on a new reform of electricity markets. It’s likely to slow down the transition to a clean energy future, removing wind from the sails of the German Energiewende. Critics are appalled.
Exploiting the unused assets will boost investments within the infrastructure segment
Turkey’s incoming prime minister, Binali Yildirim, has unveiled his new Cabinet. Although most members of the previous government will retain their posts, there have been some notable changes.
We spend the majority of our salary just on transportation, says one protester
Frequent cabinet reshuffles have aimed at prompting Egyptians to hope that the newly appointed cabinet members will prove to be better qualified than their predecessors were. In fact, the cabinet has been playing only a minor role in driving our country’s progress, which is determined by the overall mindset of the ruling regime. Egypt’s …
The press and media draft law stipulates that three institutions will be established to organise the work of the press and media in Egypt. These institutions are the Supreme Council of Media, the National Press Organisation and the National Media Organisation
Ministers will request that the CBE allocate 25% of foreign currency reserves to factories, say sources
The law was initially rejected for a number of reasons due to its unconstitutionality. Its first article states exceptions for certain governmental authorities from implementing the law
Only 38 voted against the programme, while five abstained from voting
Minister of Finance expects 9.9% state budget deficit, 5.2% economic growth
Ministry of Finance reduces term of loans to five-year maximum, cancels seven and 10-year bonds
Establishing zones for textile industries close to rural and agricultural areas is being considered, says government spokesperson
The government revises its goals after facing several local and economic hurdles
“The government must work on mitigating the negative effects of the decision to devalue the pound,” says MP
Youth empowerment, education among other human development demands from cabinet besides economic reform
German Finance Minister Wolfgang Schäuble is confident that Europe’s powerhouse can fare without fresh borrowing up to 2020. Higher labor market spending is to be offset by steadily rising tax revenue.
Al-Sisi instructs ministers to work on lowering the budget deficit