No plans to increase taxes for investors: Deputy Finance Minister

Sherif El-Kilani, Deputy Minister of Finance for Tax Policies, said that the tax facilities announced by the Minister of Finance are the first package, and will be followed by many…

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PM follows up on Ras El-Hekma development progress, compensation status

Prime Minister Mostafa Madbouly held a meeting Sunday to review updates on the development of the first phase of Ras El-Hekma project and the status of compensating the area's residents.…

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Israel’s aggression continues in Gaza, Lebanon

Israel continued its aggression on the besieged Gaza Strip and Lebanon, while Israeli media reported that 50 soldiers and civilians were injured in a truck-ramming operation north of Tel Aviv,…

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Egypt proposes 2-day Gaza truce, strengthens ties with Algeria

Egypt has proposed a two-day ceasefire in the Gaza Strip, with the exchange of four Israeli detainees for some Palestinian prisoners as a potential starting point, President Abdel Fattah Al-Sisi…

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MSMEDA injects EGP 1.9bn to fund 80,000 small, micro-enterprises in Aswan over decade

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has invested EGP 1.9bn in Aswan from 1 July 2014 to the end…

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Investment Minister lays foundation for Japan’s Otsuka plant in 10th of Ramadan City to produce medical solutions

Minister of Investment and Foreign Trade Hassan El-Khatib laid the foundation stone for the Japanese company Otsuka to manufacture nutritional supplements in 10th of Ramadan City.   He acted on…

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Egypt looks forward to constructive discussions during IMF’s 4th review of reform programme: Kouchouk

Ahmed Kouchouk, Egypt's Minister of Finance, expressed optimism for positive and constructive discussions during the upcoming visit of the International Monetary Fund (IMF) mission, which aims to conduct the "fourth…

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Communications Minister inaugurates Deloitte’s first innovation hub in Egypt with $30m investment

Amr Talaat, Minister of Communications and Information Technology, inaugurated the Deloitte Innovation Hub in Cairo, a specialized centre providing innovative tech services. Launched with $30m in investment over three years,…

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More Residences: LMD unveils New Cairo’s latest serviced apartments

Landmark Developments (LMD) announced the launch of More Residences, a new development serviced by LMD. Located along the Youssef ElSebai Axis in New Cairo, this 50-acre project marks LMD’s first venture…

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Qarar Investment Expo to promote Egypt’s property export in UAE

The Qarar Investment Exhibition will take place in the United Arab Emirates (UAE) in November, featuring participation from 20 real estate companies. Organized by the Emirati company Principal, the exhibition…

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