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Gov’t unveils new mechanism to settle EGP 60 bn in exporter dues
Exporters will receive 50% of their dues in cash over four years, with EGP 8 bn disbursed annually starting this…
Gov’t launches digital platform to tighten control over the mobile phone market
Taxes and customs duties on imported mobile phones remain unchanged, and the new system won’t apply to phones activated in…
Cabinet approves amendments to Public Shops Law, methane reduction roadmap, two Japanese grants, and free-trade agreement
Shop owners now have until December 2026 to comply with licensing requirements instead of last December.
Revised Labor Act to soon head to the House
PLUS: Cabinet approved a proposed mechanism to settle overdue payments owed under the export subsidy program
A look into the government’s new tax system
The new tax system will see just two or three entities assume charge of collecting taxes and fees
Cheiron is looking into expanding local operations
Cheiron recently secured a USD 80 mn loan to fuel exploration operations
AMEA Power’s 1 GW solar plant in Benban gets golden license
The project will see investments of USD 850 mn and will be carried out across two phases
El Khatib outlines Investment Ministry’s vision
Good morning, all. It’s another busy day for local business news, leaving us with a lot to look forward to…
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