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FinMin to lay out plans to tighten state purse strings next fiscal year
FinMin to lay out plans to tighten state purse strings next fiscal year: The Finance Ministry is working on proposals…
Cabinet watch
Egypt’s easing restrictions leads the discussion on talk shows
The talking heads were largely focused last night on the Madbouly Cabinet’s decision to ease several lockdown restrictions, which Cabinet…
Egypt’s Cabinet Economic Committee approves proposed VAT Tax Act amendments
LEGISLATION WATCH- The Cabinet economic group signed off yesterday on proposed amendments to the VAT Tax Act, which now go…
Egypt looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute
DISPUTE WATCH- Gov’t looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute: The Holding Company for…
Egypt receives first installment of USD 500 mn World Bank facility
The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful…
NAT postpones tender to supply railcars for phase 1 of Cairo Metro Line 4
The National Authority for Tunnels (NAT) has pushed an international tender to supply railcars for phase 1 of Cairo Metro…
Supply Ministry to set up 3 new logistic zones worth EGP 14.5 bn
The Supply Ministry will issue tenders for three logistics zones in the Red Sea, Suez, and Sharqiya governorates that are…
MIH signs MoU with China’s Dongfeng to locally assemble electric cars
China’s Dongfeng wants to locally assemble electric cars: The Public Enterprises MInistry’s Metallurgical Industries Holding Company (MIH) has signed an…
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