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Around 400k people to be struck off subsidy rolls in Kramer purge round four: The government aims to remove another 400k Kramers from its subsidy programduring the fourth phase of the Great Subsidy Rolls Purge, which is running from 4 July until the end of September, Supply Ministry Advisor Amr Madkour told Mubasher. The current […]
Author Archives: enterpriseam admin
Posted inSpeed Round
Iron factories at war with Trade Ministry over import duty on iron billets
DISPUTE WATCH- Iron factories at war with Trade Ministry over import duty on iron billets: Twenty-two iron factories have halted procedures to resume production due to an appeal filed by the Trade Ministry against an administrative court’s decision to suspend the 15% import duty on iron billets, an industry source told the local press. The […]
Posted inSpeed Round
Madbouly Cabinet approves Traffic act
CABINET WATCH- Madbouly Cabinet approves Traffic Act: The Madbouly Cabinet signed off on amendments to the Traffic Act that would simplify ownership transfer procedures for car purchases, the cabinet said in a statement following its Wednesday meeting. The amendments reduce the number of authorizations required from the seller to complete the transfer to one, and […]
Posted inSpeed Round
El Sisi swears in president of Supreme Constitutional Court
El Sisi swears in president of Supreme Constitutional Court: President Abdel Fattah El Sisi has sworn in Said Maree Mohamed Gad as the new president of the Supreme Constitutional Court, according to an Ittihadiya statement.
Posted inUncategorized
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Posted inEGYPT IN THE NEWS
Egypt in the news on 14 July 2019: Lucette Lagnado, plastic ban, Egypt’s heritage
The conversation on Egypt in the foreign press is not being led by any single story this morning. Lucette Lagnado, a Wall Street Journal reporter and Egyptian-Jewish prize-winning writer, has died aged 63, the Jerusalem Post reports. Her family memoir, “The Man in the White Sharkskin Suit,” depicts “the lost, cosmopolitan world of Cairo’s Jewish […]
Posted inON THE FRONT PAGES
El Sisi visits the Egyptian Military Academy
President Abdel Fattah El Sisi’s weekend visit to the Egyptian Military Academy topped the front page of state-owned Al Akhbar. Both Al Ahram and Al Gomhuria are still down this morning.
Posted inDiplomacy + Foreign Trade
Egypt’s investment minister discusses investment in London
Nasr talks investment in London: Investment Minister Sahar Nasr discussed encouraging British companies to invest in Egypt, particularly in the transport and education sectors, during a meeting in London with counterpart Graham Stuart, according to a ministry statement. Nasr also discussed transport sector cooperation with the UK’s Secretary of State for Transport, Chris Grayling, and […]
Posted inDiplomacy + Foreign Trade
Egypt QIZ exports increase 10% y-o-y to USD 329.3 mn in first third of 2019
Egypt’s exports from Qualifying Industrial Zones (QIZ) rose 10% to USD 329.3 mn in 4M2019, up from USD 299.5 mn during the same period last year, government sources told the local press. Egypt’s QIZ exports rose 17% to USD 878 mn in 2018, up from USD 751 mn in 2017.
Posted inEnergy
EGAS to offer three LNG shipments from Idku in August
State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source said that two of the shipments will be offered on an FOB basis and available for loading 8-10, 17-19 and 21-22 August.