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Egypt, Hungary sign agreements during talks in Budapest
More cooperation with Hungary: Egypt and Hungary signed several agreements to forge closer economic ties at the first meeting in…
Gov’t to launch in-school tutoring in bid to compete with private tutors
Govt lays out the details of in-school tutoring scheme: The Education Ministry will launch an in-school tutoring scheme across all…
More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
Transport Minister defends spending on Talgo trains, rail infrastructure
Transport Minister defends spending record at the House: Transport Minister Kamel El Wazir defended his ministry’s spending on trains and…
Investment banks eye terminal operator IPOs — and Qatar’s SWF is looking for a strategic stake
A unit of Qatar’s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle…
Industrial investors to get 6-month grace period from late delivery penalties
Gov’t to give industrial investors some breathing room: The Madbouly cabinet approved giving the Industrial Development Authority (IDA) the power…
Local mobile manufacturers could soon catch a tax break
Fresh tax incentives for local mobile phone assemblers? The Finance Ministry is considering cutting a 5% development fee on imported…
Another USD 1.5 bn from the ITFC for energy and commodities imports
More imports money from the ITFC: The government has signed a fresh USD 1.5 bn financing agreement with the International…
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