Tax incentives mark ‘new beginning’ for partnership with private sector: Kouchouck
The Egyptian government has announced a new package of tax incentives aimed at boosting investment and easing the burden on businesses. Finance Minister Ahmed Kouchouck outlined the measures on Tuesday during a session of the House of Representatives, calling the
Egypt’s Local Development Minister calls for multilevel governance at WUF12
Egypt’s Minister of Local Development Manal Awad emphasised the importance of multilevel governance for a sustainable urban future during a roundtable discussion at the 12th World Urban Forum (WUF12) in Cairo. The discussion, which took place on the second day
Webinar: Solving EVSE deployment and scalability challenges with flexible power distribution
As the number of EVs on the road continues to rise, EV charging station providers often struggle to keep up. High upfront site ready costs, existing infrastructure limitations and
CIB reports Q3 standalone revenues of EGP 25.2bn
The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone revenues of EGP 25.2bn, up 98% from third-quarter 2023. The bank’s nine-month 2024 standalone revenues were EGP 71.4bn, up 87% from the same period in 2023, on the
MSMEDA pumps EGP 2bn into 76,000 small, micro-enterprises in Kafr El-Sheikh over 10 years
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said on Monday that the agency has funded over 76,000 small and micro enterprises in Kafr El-Sheikh with EGP 2bn over 10 years, providing 136,655 jobs for
The Hyundai Ioniq 5 Is Surging And The New One Isn’t Even Out Yet
The Ioniq 5 had another great month. Again. And the NACS-equipped version is still on the horizon.
Egypt’s PM inaugurates Urban Expo at WUF12
Prime Minister of Egypt Mostafa Madbouly opened the Urban Expo on the sidelines of the 12th World Urban Forum (WUF) on Monday. The event also witnessed the attendance of President Abdel Fattah Al-Sisi. It will run from 4 to 8
Israeli occupation continues to target civilians in Gaza, Lebanon
The Palestinian Ministry of Health in Gaza said on Monday that the Israeli occupation committed three massacres against civilians in the Gaza Strip, resulting in 33 dead and 156 injured during the past 24 hours, noting that several victims remained
CBE receives 28 offers worth €922.8m to cover local euro-denominated T-bills issuance
The Central Bank of Egypt (CBE) received 28 offers worth €922.8m to cover an issuance of local treasury bills denominated in the European currency. CBE launched a tender worth €600m on Monday, on behalf of the Ministry of Finance,
Who formally declares the winner of the US presidential election?
Unlike many other countries, where the president or prime minister is chosen by direct popular vote, in the United States a candidate may win the popular vote and still not be elected to the nation’s highest office. The U.S. also