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Sisi meets with heads of media regulatory bodies
President Abdel Fattah El Sisi met with the heads of newly established regulators of both state and private media in…
Egypt Politics + Economics
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Egypt Politics + Economics
Finance Minister orders shakeup within tax-dispute resolution committees
Finance Minister Amr El Garhy appointed new members to the government’s tax-dispute resolution committees, AMAY reports.
Finance Ministry considering tax increases on cigarettes
The Finance Ministry is looking into raising taxes on cigarettes by EGP 0.50-2.00 per pack, Al Borsa reports. The newspaper…
Foreign investments in T-bills, FDI up, budget deficit down - Kouchouk, Nasr
Foreign investment in Egypt’s debt market climbed to USD 8.4 bn since the EGP float, Vice Minister of Finance Ahmed…
Supreme Media Council takes on mantle of morality police
The Supreme Media Council decided during its meeting yesterday to impose a 200k fine on satellite channels and other media…
Central Accounting Authority says ITDA squandered EGP 150 mn of public funds
The Supply Ministry’s Internal Trade Development Authority (ITDA) has squandered EGP 150 mn of public funds, Central Accounting Authority undersecretary…
CBE repays USD 500 mn owed to Saudi, says all Qatari deposits already repaid
The central bank says it repaid USD 500 mn in bonds owed to the Saudi Fund for Development, sources told…
32 Tourah Portland Cement workers sentenced to prison for sit in
A Cairo court sentenced 32 workers from Tourah Portland Cement Company to three years in prison for illegally protesting, Ahram…
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