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Ownership shakeup at Coca-Cola Beverages Africa
PLUS- The Egyptian Anode Blocks Company’s Ain Sokhna plant kicked off trial operations following the completion of the first phase…
Gov’t launches fresh mortgage financing initiative
The initiative offers flexible terms and covers ready-to-move units
Finance Ministry to suspend taxes on machinery and production lines until factories begin operations
A ministerial decree activating the measure is expected soon
Another step toward bringing in Cypriot gas for liquidation, re-export
First gas from Cronos is targeted for 2027
Gov’t raises its local debt target for October to EGP 845 bn
The increase was driven by strong investor appetite for treasury bills and bonds
Gov’t to introduce new mechanism for calculating solidarity contribution for manufacturers
The solidarity contribution tax will be calculated based on net profit rather than revenues
Cement industry regains momentum with gov’t support
The gov’t is banking on the sector to boost exports as both local and regional demand picks up
Egypt, India want to boost trade to hit USD 12 bn
Abdelatty was in New Delhi to co-chair the Egyptian-Indian Strategic Dialogue
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