Government approves Finance Leasing and Factoring Law, transferring it to State Council

The cabinet headed by Sherif Ismail, the Prime Minister, approved in its meeting on Wednesday the financial leasing and factoring law draft and was sent to the state council, according…

Nehal Samir Nehal Samir

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation to be legally traded

Reem Hosam El-din Reem Hosam El-din

Egypt’s economy will not get affected by US aid cut: AmCham

Egypt is the second largest recipient of military aid from the United States after Israel, receiving about $1.3bn annually and nearly $80bn in military and economic assistance over the past…

Shaimaa Al-Aees Shaimaa Al-Aees

SMEDA signs 8 funding contracts worth EGP 10.75m in six governorates  

The targeted governorates include Ismailia, Minya, Beni Suef, El Wadi El Gadid, Assiut and Sohag

Hossam Mounir Hossam Mounir

Mamish, Nasr discuss investment opportunities in Suez Canal with Vietnamese prime minister

Mamish and Nasr agreed with Vietnamese ministers of investment and transportation to sign 5 MoUs on investment, stock exchange, and cooperation in ports

Nehal Samir Nehal Samir

Detaining 16 suspects of organ trafficking for 15 days pending investigation 

The Egyptian law regulates donating organs in condition that the host is a relative, bans human organs trade

Daily News Egypt Daily News Egypt

UK Minister for Middle East in Cairo to discuss bilateral cooperation

The UK is Egypt’s number one economic, investment partner, strong supporter of Egypt’s economic reform, says John Casson

Mohamed Samir Mohamed Samir

Egypt electricity consumption worth EGP 12bn last month

Billing throws subscribers after first month of price increases

Mohamed Farag Mohamed Farag

Egypt regrets US’s suspending of military, financial aid

Cutting aid comes as Jared Kushner arrives to Cairo to meet officials eyeing peace process

Adham Youssef Adham Youssef