Day: October 29, 2025

Minister of Finance Ahmed Kouchouk and Minister of Tourism and Antiquities Sherif Fathy announced that the Cabinet has approved a six-month extension of the EGP 50bn financial facilitation initiative, effective from 20 October 2025. The initiative is designed to expand Egypt’s hotel capacity in line with the government’s target for…

Egypt, in its capacity as Chair of the African Continental Free Trade Area (AfCFTA) Ministerial Council of Trade Ministers, has secured consensus among member states on the long-pending rules of origin for the textile, apparel, and automotive sectors. The breakthrough, achieved through a transitional implementation mechanism, marks the culmination of…

Egypt’s Water Resources and Irrigation Minister Hani Sweilam met with Dutch Ambassador to Cairo Peter Mollema to strengthen bilateral ties in water management, according to a statement from the Ministry of Water Resources and Irrigation. The discussions highlighted the achievements of 50 years of Egypt-Netherlands cooperation in the water sector,…

Egypt is set to launch a National Health Tourism Platform as part of its ambitious goal to position the country among the top 10 global destinations for medical and wellness tourism by 2030. Health and Population Minister Khaled Abdel Ghaffar announced this development on Wednesday, outlining the government’s commitment to…

Minister of Finance Ahmed Kouchouk has issued two ministerial decrees introducing new facilitations for taxpayers under the Value Added Tax (VAT) system, aiming to strengthen trust, partnership, and tax certainty between the government and the business community. The first decree amends certain provisions of the executive regulations of the VAT…

Egypt, represented by the Accountability State Authority (ASA), has officially taken over the presidency of the International Organization of Supreme Audit Institutions (INTOSAI) for a three-year term. The handover ceremony occurred during the opening of the 25th International Congress of Supreme Audit Institutions (INCOSAI 25), held in Sharm El-Sheikh under…

Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah arrived in Cairo on Wednesday for talks aimed at strengthening bilateral cooperation in a range of economic sectors, Egypt’s cabinet said in a statement. He was greeted at Cairo International Airport by his Egyptian counterpart, Mostafa Madbouly. An official reception ceremony was…