Monday 23 Dec

finance

Sawiris family bids to acquire Orascom Development Holding
2024/12/18

Sawiris family bids to acquire Orascom Development Holding

The Sawiris family, through their wholly-owned company LPSO Holding Ltd, has submitted a tender offer to acquire all outstanding shares of Orascom Development Holding. The...

Egypt to hold public auction for seized cars
2024/12/16

Egypt to hold public auction for seized cars

The General Authority for Government Services, under the Ministry of Finance, has announced the details and date of a public auction for seized vehicles from...

Kouchouk: Simplified tax system for businesses under EGP15 million
2024/12/11

Kouchouk: Simplified tax system for businesses under EGP15 million

Finance Minister Ahmed Kouchouk emphasized that the fiscal and tax policies are increasingly focused on bolstering investment, driving economic growth, and supporting the private sector....

Egypt explores airport management partnership with France
2024/12/01

Egypt explores airport management partnership with France

Prime Minister Dr. Moustafa Madbouly hold a meeting on Sunday, at the government headquarters in the New Administrative Capital to review a proposal submitted by...

Finance Minister calls for more equitable global economic system for Africa
2024/11/26

Finance Minister calls for more equitable global economic system for Africa

Finance Minister Ahmed Kouchouk emphasized that sustainable development demands substantial financial resources, necessitating collective efforts to achieve tangible outcomes. He highlighted that the high cost...

Minister of Electricity, Rosatom discuss the timeline for the Dabaa Nuclear Power Plant
2024/11/20

Minister of Electricity, Rosatom discuss the timeline for the Dabaa Nuclear Power Plant

Dr. Mahmoud Essmat, Minister of Electricity and Renewable Energy, with Ahmed Kouchouk, Minister of Finance, Major General Ahmed Al-Azzazi, Head of the Engineering Authority, Georgy...

KOICA president in Egypt to strengthen development ties
2024/11/18

KOICA president in Egypt to strengthen development ties

Chang Won-sam, President of the Korea International Cooperation Agency (KOICA), is going to visit Egypt from November 20 to 22 to strengthen bilateral cooperation and...

Kouchouk assures investors of Egypt's commitment to financial stability
2024/11/04

Kouchouk assures investors of Egypt's commitment to financial stability

Minister of Finance Ahmed Kouchouk continued his extensive dialogue with international investors. In a virtual meeting hosted by EFG Hermes with over 60 foreign institutional...