790 Articles
New draft law aims to allow local, foreign private sector to take part in development processes with aim of increasing efficiency in short period while connecting sea, river, dry ports across Egypt
Planning and budget committee proposed 1 year, plenary session took government’s draft
Draft law, after approval, contributes to provision of large sums to public treasury, combating corruption, improving quality of services received by citizens
Local travel agencies are subject to VAT, which increases burdens on them
Hotels suffer from difficulty repaying bank debts for projects borrowed in foreign currency since the pound floatation and liberalization of foreign exchange rate
MP seeks government questioning over offering land in nature reserves to investors
Parliament still awaiting minister of trade and industry to send controls, work mechanisms of services, maintenance centres. Additionally, traffic law has not been issued by government to date
Chamber of Engineering Industries will present proposed law amendments next week
Subcommittee making great efforts with ministries to apply indicators
Government has agreed to schedule debts for three months, response to parliament’s memorandum in two weeks
The Committee introduces penalties amounting to 5 years imprisonment, FEI, FEDCOC reject
Profit attracts foreign investors, high interest rate at 20% curbs investor expansions
Dollar rate reaching EGP 20 was painful for national economy. Al Wafd party demanded social protection net for citizens before pound flotation as prices witnessed mad wave of increases ranging from 150-200% last year
Investors demanded a 30-day letter of guarantee and an accounting for actual consumption, says El-Zeiny
In case aid stopped, we will reconsider logistical facilitations for Washington, says parliament’s planning and budget committee representative
Company negotiates with SAIB, investors to raise capital
Medical subscription fees for third child reduced by 0.5%
Parliament’s industrial committee expects the bill by the end of the month
The project exempts imported, local equipment from tax, says Ghalab
Parliament’s Planning and Budget Committee meets RTA mid-December
We will continue the performance rates of all parties, says Silvia Nabil
Agriculture Committee to meet with agriculture and irrigation ministers for the price raise
New law to impose regulations related to direct spending and letters of guarantee
Committee suggests development fee should be calculated for private cars based on price, regardless of capacity
The strategy aims to promote manufacturers that raise the export rate of cars made in Egypt, generating hard cash for the economy, reducing pressure on the cash reserves
No intention to postpone $5.2bn Afreximbank loan to be repaid before end of 2017
The ministries are: transport, communications, housing, new urban communities, telecommunications, information technology, social solidarity, education, higher education, and scientific research
Insurance coverage cost will rise from EGP 1,300 in the first year of implementation to EGP 4,600 per year per capita
The area of cultivated wheat, last season, reached 3.135m feddans, down from 3.404m feddans in the previous season, down by 269,206 feddans
The Antiquities Ministry’s revenues are expected to reach EGP 300m