Our Views Prime Minister Dr. Mustafa Madbouly announced the start of granting a “golden license” for projects. The Golden License is simply one license granted to new projects with the aim of accelerating the start of productive and investment activity, and does not need approvals from a number of authorities as the traditional license. For […]
Our Views Following the decision of Prime Minister Dr. Mostafa Madbouly regarding the formation of a permanent unit to solve the problems of investors, Engineer Randa Al-Minshawi, First Assistant to the Prime Minister, chaired the first meeting of the unit at the Council’s headquarters. The aim of the meeting was to discuss ways to overcome […]
Our Views Nevine Gamea , Minister of Trade and Industry, announced that a draft law is currently being formulated to provide incentives and benefits to certain industries, including providing tax exemptions, with a view to supporting these industries and helping them grow and increase their productivity and hence their ability to export. For more details […]
Our Views Egypt’s Minister of Finance, Dr. Mohamed Maait, said that the size of the Egyptian economy has tripled in the past 6 years, which reflects the government’s success in directing development funds to real investments, as well as feasible projects and initiatives that contributed to improving financial performance indicators during the fiscal year ending […]
Our Views The Cabinet’s Information and Decision Support Center (IDSC) concluded, on Tuesday, the societal dialogue sessions launched by the Government on the state ownership policy, by holding a session to discuss the bill’s objectives in the tourism and hotel sector. The session was attended by several members of parliament, representatives of the Egyptian Federation […]
Our Views The first activities of COP27 kicked off in Sharm El-Sheikh with the participation of His Excellency Abdel Fattah El-Sisi, President of Egypt, and several leaders, presidents, and eminent personalities from around the world.The COP27 climate summit sheds light on several issues related to preserving the environment and limiting severe climate changes, which cause […]
Our Views Sources indicated that the Central Bank of Egypt has issued a directive instructing banks to stop extending financing at a return rate of 8 percent in the context of the private industrial, agricultural, construction, and new and renewable energy initiative, with the used balance to be paid gradually in accordance with available credit […]
Our Views In its statement issued on December 8, 2022, the Central Bank of Egypt stated that core inflation in Egypt recorded a monthly rate of 2.7% in November, compared to 0.5% in the corresponding month last year, while recording 21.5% on an annual basis in November 2022 against 19% in October 2022. For more […]
Our Views The Egyptian parliament, headed by Hanafi Jebali, approved all articles of a draft law submitted by the Government amending some provisions of Law No. 30 of 1975 that regulates the Suez Canal Authority. The final approval has been postponed for another session of Parliament. For more details and full views, download the document […]