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FRA targets growing insurance industry share of GDP to over 1% in five years
The Financial Regulatory Authority (FRA) is planning to grow the insurance industry’s contribution to GDP to over 1% in five…
Egypt Politics + Economics
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Egypt Politics + Economics
Finance Ministry receives EGP 3.144 bn worth of tax returns
The Finance Ministry has received EGP 3.144 bn worth of tax returns from individuals this season, up from EGP 3.116…
House majority bloc says post-election cabinet shuffle is likely
Parliament’s majority bloc, the Support Egypt Coalition, sees that a change in some cabinet positions is likely to take place…
Abu Shoka elected Al Wafd party’s new chairman
MP Bahaa Abu Shoka has been elected the new chairman of the liberal Al Wafd party, Ahram Online reports. The…
Egypt retrieves EGP 596 mn from Ahmed Ezz’s Swiss bank accounts
Swiss authorities have handed Egypt EGP 596 mn from seized bank accounts belonging to steel tycoon Ahmed Ezz after he…
State Information Service says Times’ Bel Trew had expired press credentials
The Times reporter Bel Trew was expelled from Egypt for not having valid accreditation and for filming without the necessary…
Administrative Court overturns ruling against Mubarak, Nazif, Adly over 2011 telecom shutdown
The Supreme Administrative Court issued a decision yesterday to overturn a previous ruling to fine former president Hosni Mubarak along…
Court unfreezes assets of Mubarak-era Agriculture Minister Youssef Wali
The Criminal Court annulled yesterday a 2011 verdict freezing the assets of Mubarak-era Agriculture Minister Youssef Wali and his family,…
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