Day: February 18, 2025

Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), has confirmed that the Minister of Finance is closely monitoring the implementation mechanisms of the new tax relief package, designed to meet the aspirations of taxpayers and businesses. She announced that the package is scheduled to take effect in March.…

Ayman Ashour, Minister of Higher Education and Scientific Research, has launched the competitive call for the presidential initiative ‘Alliance and Development’ to establish seven regional alliances aimed at stimulating innovation across the country, with funding reaching up to EGP 1bn. This marks the beginning of the implementation of the national…

Misr Italia Properties recorded EGP 4bn in sales in January 2025, marking an impressive 200% growth compared to the same period last year. This strong performance is seen as a key step toward meeting the company’s first-quarter targets, with expectations to surpass the results of 2024. Mohamed Khaled El-Assal, CEO…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Kamal El-Gheribi, Chairperson of GKSD Holding for Investment and Chairperson of the Italian San Donato Hospital Group, along with an accompanying delegation, to discuss potential cooperation and investment opportunities in Egypt’s healthcare sector. Hossam Abdel…

Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). This growth was largely driven by a notable rise in foreign direct investment (FDI), which increased…

Egyptian Prime Minister Mostafa Madbouly and Croatian Prime Minister Andrej Plenković witnessed the signing of a Memorandum of Understanding (MoU) between Egypt’s General Authority for Investment and Free Zones (GAFI) and Croatia’s Ministry of Economy and Sustainable Development. The agreement aims to enhance cooperation between the two nations across various…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, began his visit to N’Djamena, Chad, by participating in the opening session of the International Forum for Infrastructure Development of Chad (FIDIT). The event was attended by Chadian Prime Minister Allamaye Halina and representatives from international…

 Bayut Egypt, a leading property technology platform, has unveiled its latest marketing campaign, marking a significant step in transforming Egypt’s real estate sector. Known for its innovative approach, Bayut has leveraged over 15 years of expertise in the MENA region to create a seamless, technology-driven property search experience. Building on…