Africa must reverse colonial infrastructure models to unite: Former Egypt PM
Africa must dismantle the legacy of colonial infrastructure designed for resource extraction and replace it with networks that foster internal unity, former Egyptian Prime Minister Ibrahim Mahlab said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahlab
Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance
The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from the office of ETA head Rasha Abdel Aal. The move
Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance
The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from the office of ETA head Rasha Abdel Aal. The move
GAFI, Qatar Chamber discuss investment opportunities in Egyptian market
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Ghada Nour, Assistant Minister for Investment and Foreign Trade, met with Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber of Commerce and Industry, and
AfDB calls on African nations to accelerate private capital mobilisation to close development financing gap
Rabat – African Development Bank (AfDB) President Sidi Ould Tah urged African governments and financial institutions to intensify efforts to mobilise private capital to bridge the continent’s widening infrastructure and development financing gap. Speaking at the opening of the 2025
Resilience, Innovation, and the Smart Home: Mohamed Ataya on GROHE’s Strategic Vision for Egypt
As Egypt’s real estate landscape continues to expand and evolve, consumer expectations in the premium sanitary ware market are shifting toward a demand for longevity, intelligence, and environmental stewardship. In an exclusive interview with Daily News Egypt, Mohamed Ataya, Leader,
Egypt GDP growth hits three-year high of 5.3% in Q1 2025/26
Egypt’s economy grew by 5.3% in the first quarter of the 2025/2026 fiscal year, GDP growth exceeded 5% for the first time in more than three years, the Ministry of Planning, Economic Development, and International Cooperation said. The GDP growth
China’s WINPEX to establish $15m lighting equipment plant in Ain Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a new investment agreement with China’s WINPEX, a company specialised in lighting products and electrical appliances. The project, developed under the umbrella of industrial developer
Egypt, Algeria sign wide-ranging cooperation agreements
Egypt and Algeria signed an extensive package of cooperation agreements across industrial, cultural, social, and financial sectors on Wednesday at the conclusion of the ninth session of the Egyptian-Algerian High Joint Committee, Egypt’s Cabinet said. Prime Minister Mostafa Madbouly and
Non-banking financial activities hit EGP 954.2bn in M9 2025
The Financial Regulatory Authority (FRA) announced that the volume of non-banking financial activities, including capital market operations and all forms of non-banking finance, reached EGP 954.2bn during the period from January to September 2025. In a report issued on Wednesday,