Good morning, all. After a few quiet days, the news flow has picked up with the latest on the long-anticipated second package of tax facilities — currently under community review — and Finance Minister Ahmed Kouchouk voicing his optimism about our upcoming reviews with the IMF. And more good news: Prime Minister Moustafa Madbouly hinted […]
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As the Sahel summer winds down, the Red Sea is just getting started. Say hello to Somabay, a year-round seaside escape where tranquil waters, world-class diving, kitesurfing, golf, and wellness come together in one breathtaking destination. This September, it also hosts the ITF World Tennis Tour, bringing world-class tennis to the coast. Somabay is the […]
The second package of tax facilities is now under community review
The package will be launched in 4Q 2025
Kouchouk relays a message of optimism ahead of our IMF reviews
Kouchouk signaled that Egypt is on track to complete its fifth and sixth IMF reviews this fall
Following objections, gov’t exempts foreign crude suppliers from registering with ETA
The moves comes following objections from foreign suppliers
Gov’t is looking to increase tourism revenues to USD 24 bn by FY 2028-29
The figure marks a 40% increase from the USD 16.7 bn recorded in the last fiscal year
GoBus secures EUR 10.6 mn from the EBRD to expand and electrify fleet
The package will help GoBus finance the purchase of new buses, electric micro-buses, and intra-city vehicles