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Electricity Ministry looks for partners on geothermal energy map
The Electricity Ministry is seeking international partners and funding to create a geothermal energy map of Egypt as part of…
Gov’t, CBE to establish debt clearing company
The Finance Ministry, the Central Bank of Egypt, and Misr for Central Clearing, Depository and Registry (MCDR) will establish next…
Suez Canal Authority agrees with FinMin to pay off debts to state-owned banks
The Suez Canal Authority (SCA) has reportedly reached an agreement with the Finance Ministry that will see the ministry paying…
Egypt’s national minimum wage could rise by a third
National minimum wage could rise by a third: The government could raise the national minimum wage to EGP 1,400-1,600 a…
Did the government have (another) change of heart on Egypt’s tuk-tuks?
Did the government have (another) change of heart on tuk-tuks? Egypt’s governors are looking into issuing public transport licenses for…
Cabinet Economic Group reviews Egypt’s preliminary FY2019-20 state budget
The Cabinet economic group met yesterday to review a preliminary draft of the FY2019-20 state budget, according to a Cabinet…
Benban solar power park announced top World Bank project
It was a quiet night on the airwaves. The World Bank has announced Egypt’s 1.8 GW Benban solar power park…
MoU on closer Egyptian-Omani investment cooperation
The General Authority for Freezones and Investments signed yesterday an MoU with Oman’s Investment Promotion and Export Development Authority for…
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