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Germany has EUR 151 mn for development in Egypt
Egypt will receive EUR 151 mn in grant money from Germany to support development projects, the International Cooperation Ministry said…
NTRA releases report on 1H2021 telecom complaints, operators to pay EGP 2 mn in compensation to users
NTRA mandates EGP 2 mn in penalties for Egypt’s telecoms following complaints: The National Telecommunications Regulatory Authority (NTRA) has mandated…
The ACI carrot
Finance Ministry rolls out new financial incentives for registering for the ACI: In a bid to incentivize importers, multinationals, and…
The Tax Authority stick
The Tax Authority referred 10 more companies to the prosecution this week due to their failure to comply with the…
Canada’s Barrick inks four gold exploration contracts
Canadian miner Barrick Gold has inked four gold exploration contracts with a combined USD 8.8 mn with the Oil Ministry,…
Rameda acquires new molecule, Dana gas isn’t complaining
EGX-listed Rameda Pharma has acquired an new anticoagulant molecule, the company said in a press release this morning (pdf). The…
Cement industry is finally getting a lifeline
Is the government finally stepping in to rescue the cement industry? Cement producers were given the greenlight to cut production…
A last-ditch effort to save Egyptian Iron and Steel?
Ukraine’s Vazhmash is serious about saving Egyptian Iron and Steel: Ukraine-based industrial player Vazhmash has fielded a “serious” offer to…
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