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Government is postponing decision to cut gas prices for factories
Government postpones decision on cutting gas prices for factories: The cabinet is postponing a decision to cut natural gas prices…
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Egypt to launch new non-cash incentive program for exporters in March
A new non-cash incentive program for exporters that the Trade Ministry is working on will be launched in March, export…
Egypt, China’s New Hope sign agreement to build USD 20 mn poultry farm
The General Authority for Reconstruction Projects and Agricultural Development has signed an agreement with China’s New Hope to set up…
Govt to launch Egypt-Saudi industrial zone for SMEs in Egypt
Egypt will propose setting up an industrial zone for Saudi small- and medium-sized companies in Egypt, Industrial Development Authority head…
Gov’t extends export duties on scrap metals, waste and paper for 12 months
Trade and Industry Minister Amr Nassar issued a decision to extend custom duties on exported scrap metals, paper waste, and…
FinMin scraps Customs Act, plans to send it back to public discussion
LEGISLATION WATCH- FinMin scraps proposed Customs Act amendments: Finance Minister Mohamed Maait has scrapped a set of proposed amendments to…
AlGioshy Steel to invest EGP 500 mn in second steel rebar production line
INVESTMENT WATCH- AlGioshy Steel will invest EGP 500 mn to add a second production line at its steel rebar factory…
NUCA rescinds decision to seize land from 21 “distressed” factories
The New Urban Communities Authority (NUCA) has rescinded a decision to seize land from 21 investors from the New Cairo…
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