Ten years have passed since the Qualified Industrial Zones (QIZ) agreement was signed between Egypt, the US and Israel. The agreement, which came into effect in 2005, allows Egypt customs free exports to the US on condition that these products (...)
The Ministry of Finance has begun a series of discussions on the pre-budget statement issued earlier in March.
“Releasing this statement to the public is an indicator that the government is serious about building trust and transparency, especially (...)
A total of $44.5 billion will be pumped into the energy sector over the next five years, according to deals and memoranda of understanding (MoUs) signed by Egypt at last week's international economic conference.
The energy sector attracted a (...)
Egypt is looking to the private sector to provide badly needed investment in the energy sector. The country is witnessing its worst energy crisis in decades, with rising consumption and declining production.
“The energy sector needs $50 billion of (...)
After years of drafting, the licences for integrated telecommunications services, expected to change the role of operators in the sector, are ready. But it now seems unlikely that the operators will get their new licences any time soon, as the (...)
In a bid to attract foreign investment to a promising sector, the government has replaced a 60-year-old law regulating mineral resources in Egypt with a new one recently signed by the president.
The new law was welcomed by some investors, who say it (...)
