Latest in Tag: government Highlight
Latest in Tag: government

Government decision regarding stock exchange taxes awaited by EGX
Global, local stock exchange losses, halting transactions will likely trigger panic selling

Government, AOI discuss cooperation in local tyre production
This comes in light of the AOI’s efforts to establish a tyre production plant in the economic zone in Ain Sokhna, as well as the Ministry’s efforts to restructure the Transportation and Engineering Company of the Holding Company for Chemical Industries, as well as establish a new factory in El Ameryea, Alexandria.

Government discusses doubling Egypt’s QIZ exports
Egypt exports $12.3bn goods under QIZ protocol, said Hala El-Said

Government meets World Bank to discuss cooperation in Egypt’s new health insurance
The mission included Amr El-Shalakani, senior health specialist at the World Bank, and Regional Director of the World Bank office in Egypt, Yemen and Djibouti Marina Weiss.

Lebanon forms new government, protests continue
UN chief will work with new PM to achieve reform agenda

Government discusses offering Sports City membership at lower prices to NAC’s R3 residents
Waleed Abbas, assistant housing minister for community affairs of NUCA, said on Monday that Sports City is located north R3 in the NAC, on 92 feddan, and includes a football stadium complex, an indoor hall, swimming pools, squash complex, and a tennis court complex.

Government explores development of waste management in Matrouh
We’ll focus on improving health, social environment, attract more tourists, says Matrouh governor

Government intends to borrow EGP 547bn in 1Q20
Ministry of Finance launches auctions for T-Bills, T-Bonds worth EGP 166.5bn in January, EGP 168bn in February, EGP 212.5bn in March

6th Egypt Automotive focuses on development of industry, government vision 2030
Event is sponsored by Ministers of Industry, Finance, Military Production, and Public Enterprise Sector

Why did Egyptian parliament summon government?
Some members call for inquests of ministers on controversial topics

Government stabilises fuel prices as hedging contracts defy oil fluctuations
A government source told Daily News Egypt that the government has fixed the prices of petroleum products, in parallel with fixing the value of hedging against price fluctuations, which protects the state budget from bearing any additional burdens.

UAEIIC leads discussions with Egyptian government to boost Emirate FDIs in Egypt
UAE, LAS to promote sharing knowledge programmes with Japan, says Saleh

Land Bank: Government tool to digitise industrial land offerings
September marks official launch of Land Bank Portal

AI can be the key to improve government services
Governments must be able to separate the relevant from the insignificant and the public from the confidential to ensure effectiveness and excellent stewardship. Analytics is the key to unlocking the true AI value hidden in this ever-growing data.

Government approves legalisation of 111 churches
Egypt issued on Sunday a decree to legalise the conditions of 111 churches and buildings on the condition that they meet the legal and civil protection requirements. The conditions also require that churches settle with the state in case there was an illegal building on state land. This comes after the cabinet approved in October …

Government suggests raising monopoly fine to EGP 500m in Protection of Competition Law amendment
President entitled to appoint authority’s board of directors but cannot dismiss them

Egypt shares fall in a thin trade amid uncertainty about government IPO programme
EGX30 loses 0.8% to close at 13,524.67 points as foreign investors dump local stocks

Government intends to borrow EGP 498.75bn in Q2 FY 2018/2019
Finance Ministry floats T-bonds, bills worth EGP 192bn in October, EGP 153.5bn in November, EGP 153.25bn in December

Do legal concerns hamper Egypt’s government IPO programme?
Heads of government companies’ reservations were solved by reorganising programme in May, state official says

Egypt’s government considers reducing employee work days in state administrative apparatus
Researcher argues that plans to dismiss employee are not new, adding that there are other means to rationalise spending

Parliament approves government’s policy despite criticism
Abel Aal ends session to discuss policy earlier than scheduled, angering MPs

Parliament to review new government’s plans by next week: sources
New prime minister will confirm his government’s commitment to continue economic reform programme initiated by former government

Political parties meet to form coordinating committee with government
Meeting comes after President Abdel Fattah Al-Sisi urged political parties to unify

EGP 942bn investments in government’s development plan for FY 2018/19
The government’s economic and social development plan for fiscal year (FY) 2018/19 includes total investments of EGP 942bn. The new plan marks a 46% increase compared to FY 2017/18. The plan was revealed by Prime Minister Sherif Ismail during a cabinet meeting on Thursday. Ismail explained that it is the largest investment plan in Egyptian …

Government raises growth forecast by end-June to 5.4%
Total investments in H1 amounted to EGP 353bn

What do Egyptian want from their government?
Economic needs dominate demands from journalists, workers, others

Wafd Party dissatisfied with government’s economic performance: Yasser Koura
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

Government holds meetings to increase electricity prices
Electricity subsidies will reach EGP 43.3bn in 2018/2019 budget

Food cart owners live in fear of demolish, as they aspire government recognition
Egypt has recently requested France for 500 food carts as part of support for the youth entrepreneurship field in the country

Government asks parliament to discuss Development Fee
We will start studying the bill tomorrow: Planning Committee head