35% rise in tax revenues for FY2024/2025 with no new burdens: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Egypt has emerged as a leading regional model for the digital transformation of tax administration. Within just a…
EGX launches new index tracking low-volatility stocks
The Egyptian Exchange (EGX) has announced the launch of a new index, the EGX35-LV, set to go live on 1 August. The index will track 35 of the most liquid…
Petroleum minister explores deeper energy trade ties with China’s United Energy Group
Karem Badawi, Minister of Petroleum and Mineral Resources, met in Dubai with Song Yu, Chairperson and CEO of China’s United Energy Group (UEG), alongside Kamel El-Sawy, UEG’s Regional President for…
PM Madbouly reviews ongoing investment talks with Gulf states
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting on Wednesday to discuss major investment opportunities currently under negotiation with several Gulf countries. The meeting was attended by Deputy Prime Minister…
Egypt partners with Italian academy to launch applied technology schools for electricity sector
Egypt has signed a cooperation protocol with Italy's Nova Technology della Vita Academy to establish and develop five applied technology schools focused on the electricity sector, the prime minister's office…
Finance minister unveils EGP 5bn cash payout for 2,000 exporters on 7 August
Ahmed Kouchouk, Minister of Finance, announced that around 2,000 exporting companies will receive approximately EGP 5bn in cash payments on 7 August. This payment represents the first instalment—equivalent to 50%—allocated…
Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism
Egyptian military aircraft have airdropped humanitarian aid over the Gaza Strip for the second day in a row, as fears mount of an imminent humanitarian catastrophe driven by famine. On…
Egypt’s FM discusses Gaza, Nile dam with US senators
Egyptian Foreign Minister Badr Abdelatty held a series of meetings with senior US senators in Washington to discuss the strategic partnership between the two countries and pressing regional issues, including…
Egypt’s Al-Sisi, Italian defence minister discuss Gaza, security cooperation
Egyptian President Abdel Fattah Al-Sisi met with Italian Defence Minister Guido Crosetto in Cairo on Wednesday to discuss strengthening bilateral cooperation in the military and security fields, as well as…
On anti-trafficking day, Egypt’s PM calls fight a ‘moral and humanitarian duty’
Egyptian Prime Minister Mostafa Madbouly on Wednesday reaffirmed his country's full commitment to a decisive response to human trafficking, calling the fight against it a "moral and humanitarian duty." In…