E-invoicing, e-receipts essential for cost verification, VAT refunds: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), emphasized that full compliance with the electronic invoicing (e-invoice) and electronic receipt (e-receipt) systems has become essential for businesses operating in Egypt—not only to align with tax legislation but also
Mars inaugurates $280m expansion in 6th of October City
Mars Wrigley has officially inaugurated a major expansion of its manufacturing facility in 6th of October City, with new production lines representing an investment of over $280m between 2023 and 2025. The ceremony was attended by Hassan El-Khatib, Minister of
Gold prices hold steady in Egypt despite stronger EGP: Metals Division
Domestic gold prices in Egypt extended their upward trajectory for the eighth consecutive week, buoyed by a historic surge in global gold prices, which surpassed the $4,000 per ounce mark for the first time, according to Ehab Wassef, Chairperson of
Al-Sisi calls for legally binding Nile Dam agreement as Egypt opens 8th Cairo Water Week
Egypt officially opened the eighth edition of Cairo Water Week on Sunday under the patronage of President Abdel Fattah Al-Sisi. The event, running through 16 October, brings together ministers, policymakers, and experts from around 50 countries to discuss innovative solutions
Hope, high stakes: Egypt hosts pivotal Gaza peace summit in Sharm El-Sheikh
Leaders from more than 20 nations will gather on Monday in Egypt’s Red Sea resort city of Sharm El-Sheikh for a high-stakes summit aimed at forging a path toward a permanent end to the war in Gaza. The meeting comes
Al-Sisi holds talks with US, Chinese energy giants on Egypt expansion plans
Egyptian President Abdel Fattah Al-Sisi held separate meetings on Sunday with senior executives from US energy giants ExxonMobil and Apache Corporation, as well as China’s state-owned chemical engineering firm CNCEC, to discuss boosting investment and exploration in the country’s energy
Egypt targets over 42% renewable energy by 2030 in strategy update
Egypt aims to increase the share of renewable energy in its energy mix to over 42% by 2030, with a further goal of reaching 60% by 2040, according to recent updates to the country’s energy strategy, Electricity Minister Mahmoud Essmat
Al-Mashat meets Alstom VP to discuss boosting French company’s Egypt investments
Egyptian Minister of Planning and International Cooperation Rania Al-Mashat has met with a senior executive from French multinational Alstom to discuss strengthening cooperation, increasing the company’s investments in Egypt, and advancing efforts to localise industry. The meeting with Philippe Delleur,
Pakistan’s PM to attend Sharm El-Sheikh peace summit on Gaza
Pakistani Prime Minister Muhammad Shehbaz Sharif will visit Egypt on Oct. 13 to participate in the Sharm El-Sheikh Peace Summit and attend the signing ceremony of the peace agreement aimed at ending the war in Gaza, Pakistan’s foreign ministry said.
Egypt, EU discuss CBAM impact, green transition cooperation
Egyptian Minister of Planning Rania Al-Mashat has met with the European Union’s Commissioner for Environment, Water Resilience, and competitive Circular Economy, Jessika Roswall, to discuss the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM). The meeting, held during the