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Gov’t Seeks Reforming Major Companies, Maintain Workers’ Rights
Egypt >> 12/22/2013 - Prime Minister Hazem el-Biblawy said the citizens will not afford any new economic burdens in 2014 and that there is a plan to rationalize subsidy except for the prices of butane gas cylinders, benzen...
Egypt Achieved Self-Sufficiency in Poultry
Egypt >> 12/24/2013 - Agricultural Minister Ayman Farid Abo Hadid said on 23/12/2013 that Egypt achieved self-sufficiency in poultry and eggs, stressing that his ministry is seeking to bridge the gap between production an...
AFESD Approves Funding Egypt - Saudi Arabia Power Linkage
Egypt >> 12/24/2013 - Deputy Prime Minister and International Cooperation Minister Ziad Bahaa el-Din announced that the board of directors of the Arab Fund for Economic and Social Development (AFESD) has approved providing...
King Abdullah Approves 1435/1436 Budget
Saudi Arabia >> 12/24/2013 - King Abdullah bin Abdul Aziz approved the budget of the new fiscal year 1435/1436.

Revenues of the new budget are estimated at SR 855 billion.
Oman, Jordan Sign Cooperation MoU
Oman >> 12/26/2013 - A Memorandum of Understanding (MoU) was signed at the Ministry of Civil Service between the Ministry and the Jordanian Civil Service Bureau.

The MoU was signed from the Omani side by Shaikh...
HE the Prime Minister Meets UAE, Poland Ambassadors
Qatar >> 12/26/2013 - The Foreign Minister Dr. Khalid bin Mohamed Al-Attiyah on Thursday met separately with the Ambassadors Jomaa Rashid Saif Al-Dhahri of the UAE and Robert Rostek of Poland on the occasion of the expiry ...
49 Vessels Transit Suez Canal
Egypt >> 12/30/2013 - Forty-nine ships transited the Suez Canal on 29/12/2013, carrying a total cargo of 2.4 million tons.

The north-bound convoy included 28 ships, carrying 1.3 million tons, while the south-bou...
Hazem el-Beblawy Discusses Black Sands Project
Egypt >> 1/3/2014 - Prime Minister Hazem el-Beblawy held on 02/01/2014 a meeting to discuss a project of maximizing benefits from black sands in Borolus area, Kafr el-Sheikh.

The meeting comes within the frame...
New Bill to Register Unlicensed Properties in New Cities Drafted
Egypt >> 1/3/2014 - Minister of International Cooperation and Prime Minister Deputy Ziad Bahaa El-Din announced on 02/01/2014 that a bill to officially register unlicensed properties in the new cities was drafted.
Egyptian Finance Ministry Auctions EGP 6 billion T-bills
Egypt >> 1/3/2014 - The Ministry of Finance on 02/01/2014 auctioned treasury bills at a total value of EGP 6 billion.

In statements, the ministry said it sold EGP 2.5 billion of 182-day T-bills with a 1.91 bid...
Munir Fakhri Reviews with Businessmen Outcome of WTO Conference
Egypt >> 1/5/2014 - Minister of Trade and Industry Munir Fakhri Abdel Nour will review on 5/1/2014 with business unions and organizations the outcome of the ministerial conference of the World Trade Organization (WTO) he...
Egyptian Economy Ready for Kick-Start
Egypt >> 1/9/2014 - Minister of Finance Ahmad Galal said Egypt has been passing through an interim stage since January 2011, noting that the Egyptian economy is now ready to kick-start.

In a statement on 7/1/2...
Foreign Currency Reserves "Safe", 14% Increase in Deposits
Egypt >> 1/9/2014 - Minister of Finance Ahmed Galal said that the foreign currency reserves are safe and exceed $17 billion in the Central Bank of Egypt (CBE), adding that the reserves would cover Egypt's imports for thr...
EGP 810 million for Developing Cairo-Alex Road
Egypt >> 1/11/2014 - The Cabinet Media Advisor Sherif Shawky asserted that the government agreed on allocating EGP 810 million for the completion of the Cairo-Alex desert road.

On the other hand, a source with ...
New Factories Inaugurated in Assiut
Egypt >> 1/12/2014 - Deputy Prime Minister Ziad Bahaa El-Din inaugurated a new factory for plastic products in the Safa industrial region of Assiut, one of the largest growing industrial zones in Upper Egypt.

...
Ahmed Galal Announces Application of Value Added Bill
Egypt >> 1/14/2014 - At his meeting with members of the Egyptian Tax Society, Minister of Finance Ahmed Galal discussed the details of the bill of the value added tax of the real estate.
He pointed to the econom...
EGX Hits Highest Record in Three Years
Egypt >> 1/14/2014 - The Egyptian Exchange (EGX) hit Tuesday its highest record since 2010 as the two-day constitutional referendum started.

The bourse gained 5 billion EGP, upping its market capital to 445.1 b...
16 Plots of Land to be Allocated for Public Interest Projects
Egypt >> 1/18/2014 - Minister of Agriculture and Land Reclamation Ayman Abu Hadid approved allocating about 16 plots of land owned by the State to establish projects that would serve the public interest.

The pr...
Cabinet Denies Amending Tax Law of Agricultural Lands
Egypt >> 1/18/2014 - The Cabinet has denied media reports that an amendment has been made to the agricultural land taxation law.

In a statement on 17/01/2014, the Cabinet said that the law imposes taxes on the ...
Economic Ministerial Group Agrees to Amend Law on Competition Protection
Egypt >> 1/22/2014 - The economic ministerial group in Egypt has agreed to introduce essential amendments to the law on competition protection and monopoly prevention.

The amendments should help upgrade market ...

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