Day: August 13, 2025

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed that Law No. 6 of 2025—covering enterprises with annual revenues not exceeding EGP 20m—marks a key step in the state’s drive to support small and micro-enterprises, encourage formalisation, and ensure their long-term sustainability. She stressed that the simplified tax…

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, announced on Wednesday the successful completion of field trials by the Cotton Research Institute to grow cotton for the first time in a desert environment, in the city of El Tor, South Sinai. The trials used modern irrigation systems and optimised…

Egypt’s planning minister and her Jordanian counterpart have discussed joint efforts to achieve economic development and enhance growth and employment policies during the 33rd session of the Egyptian-Jordanian Joint Higher Committee in Amman. Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Zeina Toukan, Jordan’s Minister of…

Egypt’s Prime Minister Mostafa Madbouly on Wednesday witnessed the signing of an agreement between China’s Sailun Group and TEDA Egypt to establish a major tire manufacturing plant in the Suez Canal Economic Zone (SCZONE). The ceremony, held at the government headquarters in the New Administrative Capital, was attended by Kamel…

The ninth edition of the Think Commercial real estate roundtable will be held on Sept. 8 to discuss the latest developments in the Egyptian property market, its organisers said. The event, organised by conference company Media Avenue, will take place at the Ritz-Carlton hotel in Cairo under the theme “The…

Egyptian Prime Minister Mostafa Madbouly on Wednesday defended the government’s plan to offer unused state-owned lands for investment in partnership with the private sector, pushing back against criticism that the state was selling off its assets. Speaking at the weekly cabinet meeting, Madbouly addressed accusations that followed recent meetings on…

Prime Developments, in partnership with Osoul for Tourism Development, has announced the launch of its latest venture, the CLAN project in Hurghada, with total investments of EGP 1.25bn. The launch event was attended by senior executives, including Prime Developments CEO Eman Talaat and Board Member Rami Abou Ashra, who underscored…

Egypt’s Minister of Electricity and Renewable Energy has met with the head of Greece’s Copelouzos Group to discuss the latest developments in an electricity interconnection project that aims to export renewable energy from Egypt to Europe via Greece, the ministry said. The meeting between Minister Mahmoud Essmat and Dimitris Copelouzos…