Day: July 13, 2026

Egypt plans to replace its capital gains tax on stock market transactions with a stamp duty and cut value-added tax (VAT) on medical devices from 14 per cent to 5 per cent as part of a second package of tax facilities aimed at attracting investment and reducing burdens on businesses.…

Egypt’s exports increased by 21.1% year-on-year to $5.1bn in April 2026, up from $4.2bn in the same month of 2025, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS attributed the growth to higher exports across several key commodity groups, led by petroleum products, which rose by…

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision allowing external auditors to audit up to five investment funds simultaneously, up from the previous limit of three. Auditors wishing to audit more than five funds will be required to obtain prior approval from the FRA in…

The Financial Regulatory Authority (FRA) will launch a specialised training programme within days to prepare state-owned companies that have been provisionally listed on the Egyptian Exchange (EGX), along with their executive leadership, to meet listing and public offering requirements and adopt best practices in corporate governance, disclosure and investor relations.…

Egypt’s Ministry of Civil Aviation has launched the country’s first national feasibility study for the production and use of Sustainable Aviation Fuel (SAF) in collaboration with the International Civil Aviation Organization (ICAO) and the European Union. The study’s initiation was marked by a two-day workshop opened by Minister of Civil…

Minister of Local Development and Environment Manal Awad reviewed a package of proposed projects under the Sustainable Blue Economy in the Red Sea and Gulf of Aden (HESBERSGA) initiative, following recent regional meetings held in Jeddah, Saudi Arabia, the Ministry of Environment said. During a meeting with Sherif Abdel Rahim,…

Egypt is stepping up efforts to expand telemedicine services and accelerate the digital transformation of its healthcare system, following a meeting between Minister of Health and Population Khaled Abdel Ghaffar and representatives of the Specialized Medical Councils, pharmaceutical company Novartis, and healthcare technology firm TeleMed. According to the Health Ministry,…

Prime Minister Mostafa Madbouly chaired a meeting on Monday with Minister of Civil Aviation Sameh El-Hefny and Minister of Petroleum and Mineral Resources Karim Badawi to review joint initiatives between the two ministries, with a focus on securing fuel supplies for the aviation sector and advancing Egypt’s first sustainable aviation…

Egypt targets a 65% private sector investment share within two years alongside an accelerating state exit plan that has already seen 20 government companies provisionally listed on the Egyptian Exchange, Prime Minister Mostafa Madbouly announced. Speaking at a meeting in the New Administrative Capital to review the privatisation programme, Madbouly…