Half of exporters’ dues for pre-June 2024 shipments to be paid in cash starting 7 August: Finance Minister
Ahmed Kouchouk, Minister of Finance, announced that 50% of the outstanding dues owed to exporters for shipments made before the end of June 2024 will begin to be paid in…
Al-Sisi reaffirms Egypt’s support for Libyan unity, withdrawal of foreign forces
Egyptian President Abdel Fattah Al-Sisi met on Monday with Khalifa Haftar, Commander of the Libyan National Army (LNA), in the coastal city of El Alamein, where both sides underscored the…
Egypt in diplomatic push for Gaza truce, Iran-Israel de-escalation
Egypt's Foreign Minister on Monday urged a ceasefire in Gaza and continued de-escalation between Israel and Iran during separate phone calls with senior US and Iranian officials, the foreign ministry…
Peace is not imposed by bombing… nor achieved by normalisation peoples reject: Al-Sisi
Egyptian President Abdel Fattah Al-Sisi said on Monday that peace is not imposed by bombing or achieved through normalisation agreements rejected by the public, stressing that a just resolution for…
Egypt’s Q3 GDP growth hits three-year high of 4.77%
Egypt's gross domestic product (GDP) grew by 4.77% in the third quarter of its fiscal year (FY) 2024/25, the highest quarterly rate in three years, driven by strong export performance…
Spinneys Opens A New Store in Hurghada
Spinneys, one of Egypt’s largest and leading grocery retail chains, today announced the opening of its new store in the residential Al-Kawthar district of Hurghada. This marks Spinneys’ third store…
Egypt to launch new dialysis filter factory in July, covering 65% of domestic demand
A new dialysis filter factory in Egypt is set to begin operations this July, marking a significant step toward self-sufficiency in medical supplies. The plant, built at a cost of…
Egyptian Parliament approves 12% annual hike in cigarette prices
The Egyptian House of Representatives, in a general session on Sunday chaired by Speaker Hanafy Gebaly, approved a government-submitted draft law amending select provisions of the Value Added Tax Law…
Egypt leverages diplomacy to advance global health partnerships
Egypt is aligning its foreign diplomacy with national health priorities as part of a broader strategy to enhance international cooperation in the health sector. On Sunday, Foreign Minister and Minister…
ETA announces targeted amendments to Value-added Tax Law
The Egyptian Tax Authority (ETA) announced on Sunday a set of limited amendments to the Value-Added Tax (VAT) Law, designed to broaden the tax base, correct market distortions, and strengthen…