News

Egyptian President Abdel Fattah Al-Sisi reviewed Egypt’s food security system on Saturday, including strategic commodity stocks, food subsidy programmes, and social protection measures, as officials confirmed that the country’s reserves of essential goods remain at “very reassuring” levels despite ongoing regional tensions. During a meeting in El Alamein with Prime…

Egypt has introduced legislative amendments to exempt capital gains on listed securities from income tax, subjecting them solely to a proportional stamp duty, the head of the Egyptian Tax Authority announced. The move aims to enhance the competitiveness of the stock market and attract further investments. Rasha Abdel Aal, head…

Egypt’s Ministry of Health and Population has placed hospitals nationwide on high alert for 48 hours following the early morning earthquake, while reporting only a limited number of minor injuries and no fatalities. Health Minister Khaled Abdel Ghaffar chaired a meeting of the ministry’s central crisis committee at the New…

The Central Bank of Egypt (CBE), in cooperation with the Association of African Central Banks (AACB), has launched the electronic portal of the African Financial Stability Committee (AFSC), marking a new step in strengthening institutional cooperation among African central banks and enhancing mechanisms for knowledge and expertise sharing in the…

Minister of Housing, Utilities, and Urban Communities Randa El-Menshawy chaired a meeting to review the latest amendments to Egypt’s Building Law, with a particular focus on reorganising the legal framework governing home occupants’ associations as part of broader efforts to improve property management and support sustainable urban development. Opening the…

Minister of Finance Ahmed Kouchouk said the government’s new tax facilitation package will benefit all taxpayers, stressing that the measures were developed through extensive consultations with market participants, the private sector, and tax specialists based on a partnership built on trust. Speaking at an investor conference organised by the Egyptian…

Egypt plans to launch a dedicated investment fund for Egyptians living abroad next year, offering investment instruments with competitive returns and simplified subscription procedures, Minister of Finance Ahmed Kouchouk said on Saturday. Speaking at the seventh annual Egyptians Abroad Conference, Kouchouk said the government is working with leading domestic and…

Egyptian President Abdel Fattah Al-Sisi reviewed progress on a series of strategic port and transport projects on Sunday, directing officials to complete them on schedule and in line with the highest quality standards, as Egypt seeks to strengthen its position as a regional trade and logistics hub. During a meeting…