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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…
Supply Ministry to begin third phase of purging Egypt’s subsidy rolls in April
The Supply Ministry plans to begin the third and final phase of its purge of subsidy rolls next month, an…
Egypt’s tourism industry grew 16.5% in 2018, says WTTC
Egypt’s tourism industry grew 16.5% in 2018, according to new data by the World Tourism & Travel Council. The industry…
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