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Posted inEgypt Politics + Economics

Finance Ministry will establish a new unit to support investors

The Finance Ministry will launch a new unit to assist and support investors on customs and tax procedures and problems, Minister Mohamed Maait announced on Thursday, according to Al Masry Al Youm. The unit will be established in a cooperation between the Finance Ministry and the Investment and International Cooperation Ministry, and will be headed […]

Posted inSports

Injury forces Mo Salah out of Egypt qualifier

Mohamed Salah’s injury forces him out of Egypt’s s fourth matchup in AfCON qualifier. National football team coach Javier Aguirre said yesterday that he will allow Salah to return to Liverpool for rest after medical examinations showed that he won’t be fit to play at Tuesday’s match against Swaziland, Egypt’s Football Association (EFA) said in […]

Posted inON YOUR WAY OUT

Administrative Prosecution Authority issues new zoo guidelines after donkey-gate

Administrative Prosecution Authority issues new zoo guidelines after donkey-gate: The Administrative Prosecution Authority (APA) has issued new guidelines to govern the financial, managerial, environmental, and safety aspects of public zoos, according to Al Masry Al Youm. The move comes after an Egyptian zoo was investigated for painting donkeys to look like zebras.

Posted inThe Market Yesterday

EGP / USD CBE market average: Buy 17.85 | Sell 17.95 EGP / USD at CIB: Buy 17.86 | Sell 17.96 EGP / USD at NBE: Buy 17.78 | Sell 17.88 EGX30 (Thursday): 13,283 (-2.5%) Turnover: EGP 864 mn (21% above the 90-day average) EGX 30 year-to-date: -11.6% THE MARKET ON THURSDAY: The EGX30 ended […]

Posted inCALENDAR

08-14 October (Monday-Sunday): The IMF and World Bank annual meetings in Bali, Indonesia. Second week of October: NI Capital expected to select winning bid in its tender for the management of Alexandria Containers & Cargo Handling’s stake sale. Mid-October: IMF delegation due in town for its fourth review of Egypt’s economic reform program. 23 October […]

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