Day: February 4, 2025

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the implementation of exceptional measures to ease the burden on taxpayers experiencing technical difficulties when submitting annual settlement returns for salary tax. These measures primarily target taxpayers in the eighth phase of the system for unifying standards and bases…

Egypt’s ambassador to Tanzania, Sherif Ismail, inaugurated the Egypt-Tanzania Business Forum, marking the start of an Egyptian trade mission to Tanzania. The event was organized by the Egyptian Export Council for Chemical Industries and Fertilizers in collaboration with the Export Council for Building Materials, Refractories, and Metallurgical Commodities, and coordinated…

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with representatives of nine Turkish companies operating in Egypt across textiles, ready-made garments, packaging, and home appliances to discuss investment support and expansion plans. The meeting, chaired by Mustafa Denizli, head of the Turkish…

Egypt’s Prime Minister Mostafa Madbouly reviewed the draft budget for fiscal year (FY) 2025/26 at a meeting held Tuesday in the New Administrative Capital.   The budget prioritises increased spending on education, healthcare, and social protection programmes, while maintaining a focus on fiscal discipline and debt reduction.   The meeting…

Five Egyptian university teams will compete in the Shell Eco-marathon (SEM) Asia-Pacific and Middle East 2025 regional competition, taking place for the first time in the Middle East at the Lusail International Circuit in Doha, from 8-12 February. This year marks the 40th anniversary of the SEM, a global academic…

The Central Bank of Egypt (CBE), alongside the National Bank of Egypt (NBE) and Banque Misr, has played a pivotal role in the development of key healthcare facilities at Ain Shams Medical City, one of the nation’s foremost healthcare hubs. In alignment with the state’s vision to enhance the capabilities…

Egypt has signed two agreements with the Islamic Development Bank (IsDB) Group totalling $1.6bn to enhance trade and empower the private sector. The agreements were witnessed by Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Governor of Egypt at the IsDB Group. The signing ceremony was also…