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SFE, Mobica break ground on new GEMS-run schools in Cosmic Village
The Sovereign Fund of Egypt (SFE) and Mobica broke ground on two schools in the Cosmic Village, the Planning Ministry…
Companies buy themselves time on minimum wage hikes
Thousands of companies will be given a six-week reprieve from the new private sector minimum wage requirement coming into force…
Last Night’s Talk Shows: Weather, weather, weather — and no new taxes
The airwaves were awash with coverage of … weather — even as Kelma Akhira’s Lamees El Hadidi noted that Giza…
Negotiations ongoing with five int’l institutions to finance Aswan-Toshka railway
The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka…
Natural gas exports rose 142% y-o-y in FY2020-2021
Natural gas exports hit 4.6 bn cubic meters in FY2020-2021, up 142% y-o-y, according to Capmas figures (pdf). Egypt became…
You can now buy tickets to visit the pyramids online
e-Finance’s e-commerce and tourism platform e-Aswaaq has set up the online portals to buy entry tickets for the Giza Pyramids,…
Arco inks EGP 720 mn financial leasing agreement
Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf…
Snacks aren’t getting the VAT treatment
Breaking down the VAT Act amendments: Earlier this week, the House of Representatives gave its final approval to amendments to…
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