Economy

Egypt has taken a significant step to further strengthen its strategic partnership with the Islamic Development Bank (IsDB) by signing two major agreements worth a total of $1.6 billion aimed …

  Egypt’s government is preparing to submit a draft law to parliament that will eliminate the capital gains tax on stock market transactions, a move aimed at boosting investor confidence …

  The Central Bank of Egypt announced on Sunday that the country intends to issue $1 billion in dollar-denominated Treasury bills with a one-year maturity on Monday, with settlement scheduled …

Fitch Ratings has expanded its Country Groups for the Country-Specific Treatment of Recovery Ratings (RRs) by including five additional members of the Organisation of Islamic Cooperation (OIC), bringing the total …

  In a recent discussion with members of the Rotary Clubs of Nasr City, New Cairo, and 10th of Ramadan, Finance Minister Ahmed Kouchouk highlighted the government’s efforts to engage …

Egypt’s Minister of Planning, Dr. Rania Al-Mashat, held a meeting with the World Bank delegation, led by Ms. Meskie Berhane, Regional Director for Sustainable Development in the Middle East and …

Eng. Hassan Al-Khateeb, Egypt’s Minister of Investment and Foreign Trade, recently welcomed a high-level delegation from JPMorgan Chase to discuss strategic initiatives aimed at enhancing the nation’s investment climate and …

  Egypt has returned to the international bond market for the first time in almost four years to address a financing gap estimated at $10 billion for the current fiscal …

Egypt’s President, Abdel Fattah el-Sisi,  emphasized Egypt’s commitment to providing a package of investment incentives aimed at attracting both global and local companies to operate in Egypt. This effort seeks …

  The Egyptian Tax Authority (ETA) has announced the availability of free activation codes for businesses, non-profits, and individual establishments to register under the unified payroll tax system, part of …