New tax facilitation package offers broad incentives for fully compliant taxpayers: ETA chair
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Finance Minister Ahmed Kouchouk has released the second package of tax facilitation measures for public consultation, inviting the business community to submit feedback and proposals. The initiative, she
Nawy unveils +Partners platform to elevate real estate brokerage across Egypt
Nawy Partners announced the launch of its new +Partners platform during its 2025 annual conference, “Nawy Partners ’25 | The Future of Real Estate in Egypt.” The enhanced model is designed to offer comprehensive support to real estate brokers through
Plug expands EV charging network across Egypt’s premium residential compounds
Plug, a developer of electric vehicle (EV) charging solutions and a subsidiary of Elsewedy Electric, has signed a partnership agreement with PRE Group to install and operate smart EV chargers throughout the Stone Residence residential compound. The new chargers will
Blair dropped from US Gaza governance plan after Arab objections
Former British Prime Minister Tony Blair has been excluded from a proposed role in administering Gaza under US President Donald Trump’s plan to end the war, due to strong objections from Arab and Islamic states, the Financial Times reported, citing
Egypt’s ready-made garments exports surge to $2.8bn in 2025, up 22% year-on-year
Egypt’s ready-made garments sector has seen remarkable growth in exports, reaching $2.8bn in the first 10 months of 2025, a 22% increase from $2.3bn during the same period last year. The achievement was highlighted in the Apparel Export Council of
Egypt’s Al-Mashat receives Global Leadership Award in Doha, highlights $97bn African FDI
Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat received the Global Leadership Award from the Choiseul Institute on Tuesday, citing a surge in foreign direct investment as evidence of strengthening partnerships between Africa and the Gulf. Speaking
Egypt to build freight terminal at Qous Station on High-Speed Rail to boost Qena Industrial Zone
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, recently conducted a comprehensive inspection tour of the second line of Egypt’s high-speed electric rail network, which spans 1,100 km from October to Aswan, including
Egypt, France discuss ways to advance investment cooperation, streamline customs procedures
The General Authority for Investment and Free Zones (GAFI) held an expanded meeting with French Ambassador to Egypt Éric Chevallier and Egyptian Customs Authority Chairperson Ahmed Amoui, bringing together senior French officials and representatives of French companies operating in the
GAFI unveils updated framework for financial valuation, due diligence
The General Authority for Investment and Free Zones (GAFI) has officially approved an updated technical and regulatory framework for corporate valuation and pre-investment financial due diligence. This move is part of Egypt’s broader efforts to improve the business climate and
Egyptian Commercial Service launches first SCZONE investment promotion mission to U.S.
The Egyptian Commercial Service (ECS) office in Washington, headed by Minister Plenipotentiary for Commercial Affairs Yehia El Wathik Bellah, organised Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din’s first promotional mission to the United States from 1 to 5