New phosphate and fertiliser industrial zone in Ain al Sokhna
Daily News: President Abdel Fattah El-Sisi approved the establishment of a phosphate and fertiliser factory cluster, supervised by El-Nasr Company for Intermediate Chemicals, according...
Importing high-moisture level French wheat
Egypt’s General Authority for Supply Commodities (GASC) is considering extending the exception for importing high-moisture level French wheat beyond August, state agency MENA said...
Economic group approves stamp duty on stock trading
The Egyptian Cabinet’s economic group approved the progressive stamp duty tax draft law for stock trading, with an application of 0.125% in the first...
Egypt shows early signs of economic turnaround
FEBRUARY 14, 2017
Egypt’s economy is being overhauled. It has floated the pound, raised interest rates and cut subsidies, securing a US$12 billion IMF loan...
Marking the International Day for flight information
The Association of Egyptian Aviation, Information Club, at Airosport has organised a ceremony marking the International Day for the flight information in the presence...
EGYPT’S STOCK MARKET IS THE FASTEST GROWING IN THE WORLD SINCE 2016
A Bloomberg news segment named Egypt's stock market the fastest growing in the world in 2016, citing surging remittances from Egyptians working abroad as a...
The MEO publishes the broad highlights of the new Investment law referred to the...
Foreign investors will have the right to transfer their profits abroad and liquidate their activities in accordance with the regulations set by the Central...
14 projects worth EGP 70bn are to be implemented in Matrouh
Alaa Abou Zeid, Matrouh governor, said that procedures are taken to facilitate investment projects in Matrouh. As a consequence, work opportunities will be provided...
Egypt’s road to economic recovery
The road to economic recovery in Egypt has been set, regardless of pediments, risks, challenges, and shaky hands. The government has made its choice...
Treasury bonds to reach hiked records by end of this year
Investments in Egyptian treasury bills and bonds increased by $500m since the Egyptian pound was devalued almost two weeks ago, said the governor of...
Hike in electricity prices
Electricity prices for mid-to-high household usage brackets rose by an average of 19 percent for the 2015/2016 fiscal year. The ministry of electricity said...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...