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CIHC to give El Nasr Steam Boilers’ land to Oil Ministry for debt repayment
The Chemicals Industries Holding Company (CIHC) will give the land at the center of the recently settled Al Kholoud dispute…
Qarun drills 10 exploratory wells in Western Desert
Qarun Petroleum, a joint venture between Apache and the Egyptian General Petroleum Company, has drilled 10 exploratory wells in the…
Will Egypt’s auto manufacturers incentives strategy see the light of day soon?
Will the auto manufacturers incentives strategy see the light of day soon? The Madbouly Cabinet’s economic group reviewed yesterday a…
Egypt scraps monthly customs rate, bringing back daily system
FinMin brings back daily customs rate, scrapping monthly system: The Finance Ministry has decided to scrap the monthly customs exchange…
EMRA to end bidding system for gold exploration licenses
Egyptian Mineral Resources General Authority to end bidding system for gold exploration licenses: The Egyptian Mineral Resources General Authority (EMRA)…
Pyramids renovation project is set to open 1Q 2020
The government is due to open its USD 500 mn pyramids renovation project in 1Q2020, an Antiquities Ministry spokesperson said,…
FinMin to appoint Yasser Taimour as tax projects advisor
MOVES- The Finance Ministry will appoint Yasser Taimour as advisor for the development of tax projects and Waleed Abdullah as…
Beet crops reduced due to low returns
The Agriculture Ministry has issued a decision to reduce the amount of land used to cultivate sugar beets to 3.6k…
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