Egypt to approve simplified tax system for SMEs, entrepreneurs, and professionals soon: Finance Minister
Ahmed Kouchouk, Egypt’s Finance Minister, has announced that a simplified tax system designed to support small and medium-sized enterprises (SMEs), entrepreneurs, and professionals will soon be approved. This initiative is…
Egypt’s Al-Mashat, EU official discuss €4bn macro-financial assistance programme
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met virtually with Elena Flores, Deputy Director-General of the European Commission and Head of International Economic and Financial Relations,…
Archaeologists uncover Ptolemaic-era statue head in Alexandria’s Taposiris Magna
A French archaeological mission led by Joachim le Bomin, in collaboration with Lyon University and the French Institute of Eastern Archaeology in Cairo, has uncovered a remarkable marble statue head…
Al-Sisi, Haftar discuss Libyan stability, security
Egyptian President Abdel Fattah Al-Sisi met with Field Marshal Khalifa Haftar, commander of the Libyan National Army (LNA), on Saturday, to discuss the situation in Libya. Head of the Egyptian…
CBE explains decline in inflation during December 2024
Annual urban headline inflation decreased to 24.1% in December 2024, down from 25.5% in November 2024, marking the lowest rate in two years. This decline is primarily driven by a…
Chemical Export Council calls for incentives to strengthen plastic waste recycling infrastructure
Mohamed Maged, Executive Director of the Chemical and Fertilizer Export Council, has urged the government to provide incentives and benefits to develop advanced infrastructure for plastic waste collection and recycling.…
Egypt announces ceasefire agreement in Gaza, set to begin Sunday
The Egyptian Ministry of Foreign Affairs announced on Saturday that its efforts, along with those of regional and international partners, have successfully led to a three-phase ceasefire agreement in Gaza,…
Egypt, Nigeria elevate ties to comprehensive partnership
Egypt and Nigeria have agreed to elevate their relationship to a “Comprehensive Partnership,” following the third round of political consultations, the first at the ministerial level, held in Cairo on…
Health Minister inspects medical preparations in North Sinai to receive Palestinian brothers
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, accompanied by Maya Morsi, Minister of Social Solidarity, inspected on Saturday the Egyptian Ambulance Authority's lineup at Abu…
Remittances help offset Egypt’s $991.2m balance of payments deficit
A surge in remittances from Egyptians working abroad helped partially offset a $991.2m deficit in Egypt's balance of payments (BOP) during the first quarter of the fiscal year (FY) 2024/25…
