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Remittances rise 41.2% y-o-y in 10M2017-18
Remittances from Egyptians living abroad rose 48.2% y-o-y 10M2017-18 to USD 26 bn, the central bank announced yesterday, according to…
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Eni announces light oil discovery from South Meleiha concession
Eni announces light oil discovery from South Meleiha concession: Eni announced yesterday (pdf) that it has made a light oil…
Is CFLD finally going to sign its new capital development contracts?
Is CFLD finally going to sign its new capital development contracts? The China Fortune Land Development Company is ironing out…
Public Contracts Act could go back to house general assembly in two weeks, issued in 4 months
LEGISLATION WATCH- The draft Public Contracts Act is expected to be presented to the House of Representatives’ general assembly before…
FinMin, Investment Ministry to outline new regs for private freezones
EXCLUSIVE- FinMin, Investment Ministry to outline new regs for private freezones: A committee of officials from the ministries of finance…
Customs Authority boss arrested on charges of graft
Customs Authority head arrested on charges of graft: Customs Authority head Gamal Abdel Azim was arrested yesterday charges of accepting…
Egypt requests USD 2 bn in funding from the World Bank
EXCLUSIVE- Egypt requests USD 2 bn in funding from the World Bank: The Madbouly government has put in a request…
Correction
CORRECTION- We had incorrectly noted that the tax on sales revenues for every company operating in Egypt to fund the…
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