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Finance Ministry to announce new social security package + tax incentives for investments in 2024
The new social security measures and tax policy framework will be discussed during public consultations next month
The war and the economy topped the agenda on last night’s airwaves
The government will always support “low income earners,” a cabinet spokesperson told Ahmed Moussa
Madbouly cabinet beefs up penalties for hoarders
Hoarders face can face up to one year of imprisonment and a fine up to EGP 2 mn
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Electricity Ministry hikes electricity prices by up to 26%
The government is trying to phase out electricity subsidies by 2025
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Cabinet greenlights incentives for hospitality players
Hotel companies can receive up to EGP 2 bn to increase their hotel room capacity
Irrigation Ministry blames Ethiopia for unsuccessful GERD talks
GERD negotiations on the airwaves: The latest round of Grand Ethiopian Renaissance Dam (GERD) negotiations dominated the airwaves last night,…
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