{"id":549406,"date":"2022-09-15T04:00:11","date_gmt":"2022-09-15T04:00:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/"},"modified":"2022-09-15T04:00:11","modified_gmt":"2022-09-15T04:00:11","slug":"an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/","title":{"rendered":"An EGP 2 coin will be in circulation soon + is Global Blue coming to Egypt?"},"content":{"rendered":"

We\u2019re getting an EGP 2 coin and an Egyptian-British mint<\/strong> in the Suez Canal <\/strong>Economic Zone (<\/strong>SCZone<\/strong>)<\/strong> after cabinet approved the moves at its weekly meeting yesterday, according to a statement<\/a>. The Royal British Mint<\/a>, the Egyptian Mint<\/a>, and the Public Treasury Authority<\/a> will partner on the roll-out and operation of the new mint as part of the Sisi administration\u2019s bid to localize industries, the statement read.<\/p>\n

The announcement of the new coin got lots of airtime <\/strong>on the talk shows last night: (Yahduth Fi Masr | watch, runtime: 5:13<\/a> | Salet El Tahrir | watch, runtime: 6:57<\/a> | Masaa DMC | watch, runtime: 6:10<\/a>)<\/p>\n

ALSO- The government wants tourists to spend more: <\/strong>Cabinet also gave the greenlight to establish a local branch of payments company Global Blue<\/a>, which will digitize the VAT drawback system for tourists, making it easier for them to claim refunds.<\/p>\n

REFRESHER- <\/strong>Under amendments to the VAT and the Stamp Tax laws ratified<\/a> in February, tourists can claim VAT rebates<\/a> on their way out of the country for purchases of select items worth more than EGP 1.5k or more, down from a previous EGP 5k threshold.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re getting an EGP 2 coin and an Egyptian-British mint in the Suez Canal Economic Zone (SCZone) after cabinet approved the moves at its weekly meeting yesterday, according to a statement. The Royal British Mint, the Egyptian Mint, and the Public Treasury Authority will partner on the roll-out and operation of the new mint as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7306],"tags":[282,380,1419,72,416,69,238,7110],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549406","post","type-post","status-publish","format-standard","hentry","category-cabinet-watch","tag-cabinet-watch","tag-currencies","tag-egp","tag-enterpriseam","tag-suez-canal-economic-zone","tag-tax","tag-tourism","tag-vat","wpautop","entry"],"acf":{"mongo_id":"5ffcc7b9-e0a3-4662-bd66-e89dc5c939de","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549392],"teaser":"","voice_url":""},"yoast_head":"\nAn EGP 2 coin will be in circulation soon + is Global Blue coming to Egypt? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An EGP 2 coin will be in circulation soon + is Global Blue coming to Egypt?\" \/>\n<meta property=\"og:description\" content=\"We\u2019re getting an EGP 2 coin and an Egyptian-British mint in the Suez Canal Economic Zone (SCZone) after cabinet approved the moves at its weekly meeting yesterday, according to a statement. The Royal British Mint, the Egyptian Mint, and the Public Treasury Authority will partner on the roll-out and operation of the new mint as […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-15T04:00:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"An EGP 2 coin will be in circulation soon + is Global Blue coming to Egypt?\",\"datePublished\":\"2022-09-15T04:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\"},\"wordCount\":197,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"cabinet watch\",\"currencies\",\"EGP\",\"EnterpriseAM\",\"Suez Canal Economic Zone\",\"tax\",\"tourism\",\"VAT\"],\"articleSection\":[\"Cabinet watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/an-egp-2-coin-will-be-in-circulation-soon-is-global-blue-coming-to-egypt\/\",\"name\":\"An EGP 2 coin will be in circulation soon + is Global Blue coming to Egypt? 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PLUS: Green Core + Egyptian Electronic Waste Recycling Company, EBRD + Red Sea Wind Energy, Suez Canal Bank + Mint Real Estate Assets, Sympl, Talabat, eNovate","author":"enterpriseam admin","date":"21 November 2024","format":false,"excerpt":"The factory will focus on producing large-pressure pipes with the aim of generating USD 200 mn in revenues","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/408.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549491,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/","url_meta":{"origin":549406,"position":1},"title":"Another EUR 100 mn in green lending could be coming from the EIB","author":"enterpriseam admin","date":"19 September 2022","format":false,"excerpt":"The European Investment Bank (EIB) could lend EUR 100 mn to the Environmental Affairs Agency for on-lending to public and private industrial companies to green their manufacturing processes, according to the bank\u2019s website.Other things we\u2019re keeping an eye on this morning: Egyptian Company for Pipes and Cement Products (Siegwart) is\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571727,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/egypt-to-build-egp-1-bn-fiber-optic-cable-factory-in-suez-canal-economic-zone\/","url_meta":{"origin":549406,"position":2},"title":"Egypt to build EGP 1 bn fiber-optic cable factory in Suez Canal Economic Zone","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"INVESTMENT WATCH- Gov\u2019t to build EGP 1 bn fiber-optic cable factory in SCZone: The state-affiliated Arab Organization for Industrialization and Benya Capital, a holding company specializing in IT infrastructure, signed an agreement to build a factory to produce fiber-optic cables at the Suez Canal Economic Zone (SCZone), according to a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558472,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/egypt-to-build-egp-2-2-bn-bulk-grain-terminal-in-east-port-said\/","url_meta":{"origin":549406,"position":3},"title":"Egypt to build EGP 2.2 bn bulk grain terminal in East Port Said","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"Two commodity trading houses have signed a contract with the Egyptian government to build an EGP 2.2 bn bulk grain terminal in East Port Said, the Madbouly cabinet said in a statement on Monday. Emirati company Rosa Grain and local firm Roots Commodities were chosen from among four local and\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/146.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601594,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egypts-cabinet-to-devise-plan-to-bring-in-new-us-investments\/","url_meta":{"origin":549406,"position":4},"title":"Egypt\u2019s cabinet to devise plan to bring in new US investments","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"The government is working to devise a plan to attract new US investments from big players, according to a Cabinet statement. The plan will focus on offering new incentives and forging partnerships with US-based health, military production, housing, and utilities companies, as well as with investors in the Suez Canal\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":674452,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/29\/sczone-breaks-ground-on-usd-20-5-mn-worth-of-projects-in-qantara\/","url_meta":{"origin":549406,"position":5},"title":"SCZone breaks ground on USD 20.5 mn worth of projects in Qantara","author":"enterpriseam admin","date":"29 October 2025","format":false,"excerpt":"PLUS- Speed Medical is gearing up to sell its main healthcare asset Speed Hospital","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1586.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549406"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549406\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549392"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549406"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549406"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}