Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that only three days remain until the end of the 2024 corporate tax filing season, confirming that tax returns will be accepted until 30 April. She stressed that this deadline is (...)
The Egyptian Exchange (EGX) closed higher on Sunday, as the benchmark EGX30 index rose by 0.68 per cent, finishing at 31,855.12 points. The EGX70 index, which tracks small- and medium-sized enterprises (SMEs), also saw a gain of 0.64 per cent, (...)
Egypt is preparing to host three major international sporting events in May, concluding with the Pan Arab Golf Championship for Juniors and Ladies at the Madinaty Golf Club and Katameya Dunes courses.
The schedule begins with the U-20 Africa Cup of (...)
Minister of Communications and Information Technology Amr Talaat has inaugurated the new regional headquarters of Intelcia in Sheikh Zayed City, Giza. Intelcia, a global leader in outsourcing services, continues to expand its presence in Egypt, (...)
Egypt's Minister of Communications and Information Technology Amr Talaat inaugurated the new regional headquarters of global outsourcing services provider Intelcia in Sheikh Zayed City, Giza Governorate, the Egyptian Cabinet reported on (...)
Egypt's total number of employees in the public, public enterprise sectors declined to 620,100 in 2024, down from 663,300 in 2023, marking a 6.5 per cent decrease, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS).
The (...)
Egypt's stock exchange (EGX)t closed on a mixed note Thursday, with the benchmark EGX30 index rising 0.10 per cent to 31,062.95 points, supported by gains in small- and mid-cap stocks.
The EGX70 index, which tracks small and medium enterprises, (...)
Finance Minister Ahmed Kouchouk has stated that the fiscal year 2025/2026 budget will be one of "growth, stability, and partnership with the business community."
Speaking during the presentation of the financial statement before the House of (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Saudi Minister of Transport and Logistic Services, Saleh Al-Jasser, during an official visit to the Kingdom, to advance (...)
Finance Minister Ahmed Kouchouk announced that public revenues in Egypt's draft budget for fiscal year 2025/2026 are expected to grow by 23% to reach EGP 3.1trn, while total public spending is projected to increase by 19.2% to EGP 4.6trn.
Kouchouk (...)
Egypt's stock market ended marginally higher on Tuesday, with the benchmark EGX30 index edging up 0.01 per cent to close at 31,185.03 points, supported by foreign investor inflows.
The broader indices also posted gains. The EGX33 Shariah index rose (...)
Deputy Prime Minister and Minister of Industry and Transport Kamel Al-Wazir chaired the 21st meeting of the Ministerial Group for Industrial Development, with participation from the Ministries of Military Production, Electricity, Environment, Local (...)
Egypt outlined a EGP 327bn public investment plan focused on health, education, scientific research, and other services for the fiscal year 2025/2026, the planning minister told parliament on Tuesday.
Minister of Planning and Economic Development (...)
Egypt's General Authority for Healthcare Accreditation and Regulation (GAHAR) announced that 16 new healthcare facilities across Egypt have been accredited in accordance with the national quality standards issued by the authority, as per a Cabinet (...)
The Egyptian Exchange (EGX) closed marginally higher on Monday, with the benchmark EGX30 index inching up 0.02 per cent to settle at 31,182.37 points, amid cautious trading.
The broader market saw more notable gains. The EGX33 Shariah-compliant (...)
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has hosted the Closing Conference of the Community Development Programme Agreement, marking the successful completion of a €15m EU-funded initiative implemented in partnership with (...)
The Egyptian Exchange (EGX) opened the week on a positive note, with all major indices closing in the green during Sunday's session.
The benchmark EGX30 index advanced by 1.18 per cent, finishing at 31,174.62 points. The EGX33 Shariah-compliant (...)
Egypt has launched two integrated textile cities in Minya and Faiyum with a combined investment exceeding 27 billion Egyptian pounds, aiming to boost exports, create up to 400,000 jobs, and transform Upper Egypt into a regional textile hub. Minister (...)
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), confirmed that the deadline for submitting corporate income tax returns for the 2024 fiscal year remains 30 April 2025. She clarified that the extension period granted under the government's (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El Wazir held an extensive meeting with representatives from 29 French companies to discuss investment opportunities and future expansion plans in (...)
Alexandria University has signed a series of cooperation protocols and agreements with several French universities as part of the French-Egyptian Conference on Scientific and Academic Cooperation at Cairo University on the sidelines of French (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with representatives of 29 leading French companies and institutions to explore new investment opportunities in Egypt. The companies operate (...)
Egypt and France on Tuesday signed financing and grant agreements worth €131.5 million to implement the third phase of the Gabal Asfar wastewater treatment plant and a new wastewater treatment plant in East Alexandria.
The agreements include (...)
Egypt, France, and the European Union (EU) signed nine financing and grant agreements totalling €262.3 million to implement a set of priority infrastructure projects in the fields of water treatment, sanitation, renewable energy, and railway (...)
Egypt, France and the European Union (EU) have signed nine financing and grant agreements worth €262.3m to implement priority projects in Egypt's water treatment, sanitation, renewable energy, and railway sectors. The agreements were finalised (...)
