ETA issues comprehensive tax guide for contracting, construction services
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), has announced the release of a comprehensive explanatory guide addressing the tax treatment of contracting and construction services under the provisions of Law No. 157 of 2025. Abdel Aal explained
Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians
Banque Misr has signed a cooperation protocol with the Ministry of Foreign Affairs, Emigration, and Egyptians Expatriate, alongside National Bank of Egypt, as part of the “Open Your Account in Egypt” initiative. Launched by the Central Bank of Egypt (CBE)
QatarEnergy announces new expansion of gas exploration operations in Egypt
QatarEnergy has announced a new expansion of its operations in Egypt through a partnership with Italian energy company Eni in the offshore North Rafah concession in the Mediterranean Sea for natural gas exploration. With this addition, QatarEnergy’s portfolio in Egypt
Egypt’s external debt rises to $161.2bn in June 2025: CBE
The Central Bank of Egypt (CBE) announced that the country’s total external debt reached $161.23bn in June 2025, up from $156.69bn in March 2025 — an increase of $4.54bn. According to the CBE’s quarterly report issued on Tuesday, long-term external
Egyptian-Chinese alliance to invest $75m in West Qantara industrial projects
A consortium of Egyptian and Chinese companies has signed contracts for three new industrial projects in the West Qantara industrial zone, with a total investment of $75m (approximately EGP 3.6bn). The projects are expected to generate over $100m in annual
Egypt’s investment minister, British ambassador discuss strengthening economic partnership
Minister of Investment and Foreign Trade Hassan El-Khatib held a meeting with British Ambassador to Cairo Mark Bryson-Richardson to discuss ways to enhance the strategic partnership between Egypt and the United Kingdom. The talks reviewed the progress achieved in implementing
Venezuelan market opens to Egyptian fresh pomegranates: Agriculture Minister
Egyptian Minister of Agriculture and Land Reclamation Alaa Farouk has announced the official opening of the Venezuelan market to Egypt’s fresh pomegranate exports – a step expected to boost export activity and diversify destination markets to enhance export sustainability. Farouk
ECS, Agricultural Export Council discuss boosting Egyptian fruit, vegetable exports to Kuwait
The Egyptian Commercial Service (ECS) in Kuwait held an online meeting with the Agricultural Export Council to explore ways to increase Egypt’s exports of fresh fruits and vegetables to the Kuwaiti market, as part of efforts to expand the country’s
Egypt becomes regional hub for health investment, innovation: Abdel Ghaffar
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, said on Monday that Egypt has become a regional hub for health investment and innovation, highlighting the country’s comprehensive healthcare reforms and expanding public–private partnerships. Speaking during the session “National and
SCZONE secures EGP 30bn long-term CIB financing for infrastructure and port upgrades
The Suez Canal Economic Zone (SCZONE) has secured EGP 30bn in long-term banking finance from Commercial International Bank – Egypt (CIB) over 17 years. This funding will repay and restructure a previous EGP 10bn loan and provide EGP 20bn in