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Eastern Company cancels heated tobacco investment to conserve FX
Eastern is saving its hard currency to produce cigarettes amid the FX crunch
Electricity prices, Suez Canal sale, central bank + shark studies
Environment Ministry to study Red Sea shark behavior after deadly attack
Cabinet approves raft of measures to level the playing field, boost private-sector investment
A draft bill to eliminate special tax treatment for state entities
New Egypt-Sudan aid corridor opens + Does Cyprus want to compete with us on LNG exports to Europe?
“We are now able to take our aid where it is most needed,” says UN WFP
Private-sector minimum wage to rise 11% in July
The move puts the private-sector minimum wage up 25% in the last six months
EU’s top diplomat meets El Sisi
Josep Borrell says EU wants to “boost European investment” in our economy
El Sisi to meet with EU’s top diplomat + Egypt co-hosts global fundraiser for Sudan
EU’s Josep Borrell yesterday pledged EUR 20 mn to help Egypt with Sudanese refugees
SDX could exit Egypt
SDX operates concessions in the Nile Delta and the Eastern Desert
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