Egypt's parliament passes unified real estate ID law    EGP stable vs. US dollar in early trade    Egypt's El-Khatib: Govt. keen on boosting exports    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt expresses condolences to Canada over Vancouver incident    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Safiya Mounir
Fewer children, more families
Prime Minister Mustafa Madbouli announced that the beneficiaries of Egypt's cash-transfer Takaful (solidarity) programme would henceforward be limited to two children instead of the earlier three for eligible families this week, starting in January (...)

29 - 11 - 2018
More MB assets frozen
A government committee in charge of seizing the funds of members of the banned Muslim Brotherhood froze the assets of more than 20 MB companies this week. The move comes following a court decision in January to include the names of entities or their (...)

24 - 08 - 2017
Easier licences
Minister of Trade and Industry Tarek Qabil said this week that the provisions of the new industrial licences law were being finalised after parliament passed the law recently. They would be complete within one month, he said, with the legislation (...)

27 - 04 - 2017
Investment law awaits approval
In March 2015, the government unveiled the draft of a new investment law, saying that this would trigger foreign investment returning to Egypt. However, the jury is still out about whether this has happened. Former investment minister Dalia Khorshid (...)

20 - 04 - 2017
Revisiting food subsidies
Starting in April, nearly 70 million Egyptians will be able to buy staple foods such as cooking oil and sugar at reduced prices in a reformed subsidies system, according to a decision by Minister of Supply Ali Moselhi earlier this month. “The (...)

30 - 03 - 2017
Sinking car sales
The prices of cars in Egypt have shot up since the floatation of the Egyptian pound last November. According to official prices, the cheapest new car in the country today is a locally assembled Chinese car at LE184,000, with some exceeding a LE1 (...)

02 - 03 - 2017
Stocking on gains
With the pound losing almost 40 per cent of its value in the recent floatation, denominated shares on the Egyptian stock exchange have halved in price, representing very good bargains for both local and foreign investors. The interest could not (...)

30 - 11 - 2016
Rationing benefits
Around 80 per cent of Egyptians receive food subsidies through the ration cards system. While the government increased the value of the food subsidies in the current fiscal year by nine per cent, it is also keen to find mechanisms to identify those (...)

23 - 11 - 2016
Where best to invest?
“It would be better for those who have savings in a foreign currency to hold onto some of them and free up the remainder to invest in bank certificates at 20 per cent interest rates,” advised Riham Al-Dessouki, a senior economist at the UAE Arqaam (...)

09 - 11 - 2016
Spare some change
President Abdel-Fattah Al-Sisi asked Egyptians last week to donate the small change from their banking transactions in order that it could be used to help revive the economy. His message was that if people donated the few piastres that come after (...)

04 - 10 - 2016
Not so sweet
Sugar prices have witnessed sudden spikes over the past couple of weeks, with a kilogram going for as much as LE6 to LE8 even as the Ministry of Trade and Industry, in charge of the portfolio of the Supply Ministry since the latter's minister (...)

06 - 09 - 2016
A win-win deal?
He was the mastermind behind exporting gas to Israel at a cost to Egypt of at least $10 billion. He was also involved in money laundering, profiteering from selling electricity, and misappropriating public land. Meet one of ousted former president (...)

09 - 08 - 2016
Investing in real estate
Despite the recent challenges facing the Egyptian real-estate sector due to unstable exchange rates and a rising dollar, real-estate investment nevertheless remains secure and attractive given the high rates of return and the increasing demand for (...)

02 - 08 - 2016
Advertisement