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THIS EVENING: EGAS launches oil and gas exploration tender + Banks and the bourse will be off on New Year’s Day
Happy hump day, friends. We’re nearly at the end of the business week, the month, and the whole year —…
Cabinet gives initial approval to freight transport privatization + makes some shop owners’ lives easier after Public Shops Law controversy
Are we one step closer to privatizing Egypt’s freight transport sector? Cabinet approved in principle the decision to grant a…
Our first look at the FY2023-2024 budget
Egypt is targeting a GDP growth of 5.5% in its draft budget for the next fiscal year
Oil and gas exploration tender coming next week
Energy companies can bid for 12 new oil and gas exploration blocks in the Mediterranean and Nile Delta starting next…
Abu Dhabi Ports + Mwani in talks with gov’t to run Ain Sokhna, Safaga ports, El Wazir confirms
Abu Dhabi Ports + Qatar’s Mwani have their eyes on our ports: The government is in early-stage negotiations with Abu…
A new task force will suggest fair prices for up to 15 strategic commodities
The Supply Ministry has set up a committee to determine the “fair price” of a number of foods classed as…
THIS EVENING: valU to spend USD 25 mn on regional and product expansion + Companies have another two weeks to register with FinMin’s e-invoicing system
Good afternoon, friends. It’s finally time to slide into the weekend — and winter break for some kids. THE BIG…
FinMin mulls wage tax hike
Salaries above EGP 800k could be subject to a new top tax rate: The Finance Ministry is proposing amendments to…
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