8th phase of automated tax system for salaries begins: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has announced that the 8th phase of the automated tax system for calculating wages and salaries tax for companies and…
Finance Minister unveils comprehensive tax, export initiatives to boost business confidence
Ahmed Kouchouk, Minister of Finance, announced significant reforms aimed at improving tax services, with the first package of tax facilities set to be fully implemented by the end of the…
SCZONE signs $38m deals for food, textile plants
The Suez Canal Economic Zone (SCZONE) has secured $38m in investments for two new projects in the Qantara West Industrial Zone. Waleid Gamal El-Din, Chairperson of the SCZONE, signed the…
IMKAN Misr partners with MQR to redefine workspaces at Alburouj Business Park
IMKAN Misr has announced a strategic partnership with MQR, a leader in flexible workspace solutions, to create innovative office spaces at Alburouj Business Park in New Heliopolis, East Cairo. Ahmed…
Marquee Developments unveils Shababeek with EGP 6bn investment in New Cairo’s Fifth Settlement
Marquee Developments has officially launched its first project in the Egyptian market, Shababeek, a residential development located in New Cairo's Fifth Settlement. The project, covering an area of 15 feddans,…
Al Ashraaf Developments appoints ACE Moharram-Bakhoum as consultant for Serenity Residence
Al Ashraaf Developments has signed strategic partnership agreements with ACE Moharram-Bakhoum to oversee the company's projects. During a press conference, CEO of Al Ashraaf Developments Ahmed Massoud stated that the…
2024: Defining year for Egypt’s real estate market – key developments, emerging trends
Egypt’s real estate market experienced substantial developments in 2024, as economic challenges intensified with fluctuations in exchange rates and rising inflation. These factors significantly impacted the purchasing power of citizens…
Health Ministry completes upgrades to 16 medical facilities under GAHI’s development plan
Egypt’s Ministry of Health and Population has announced the completion of 16 major projects aimed at enhancing the efficiency and capacity of medical facilities affiliated to the General Authority for…
Hamas condemns Israeli raid on Beit Hanoun school as escalation of ethnic cleansing
Hamas has condemned the Israeli occupation army’s storming of Khalil Awida School in Ezbet Beit Hanoun, describing it as an intensification of the ethnic cleansing and forced displacement operations that…
71.5% financial inclusion achieved: How do CBE, banking sector transform access to services?
The Central Bank of Egypt (CBE), in collaboration with the banking sector, has significantly advanced Egypt’s financial inclusion rates, achieving a remarkable 181% increase between December 2016 and June 2024.…
