Telecom Egypt to offer 10% bonus, pay hikes in 2018
Telecom Egypt’s board approved a decision to grant its employees a 10% bonus of base salary in 2018,…
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Egypt’s Sinai Cement board approves capital rise to 1.3 bln pounds
Egyptian Sinai Cement Company’s board has approved Monday to increase the company’s issued capital to one billion…
China approves importing Egyptian grapes: minister
Egypt’s Minister of Trade and Industry Tarek Kabil, said Friday said that China has approved to import the…
Cabinet approves bankruptcy draft law
During its weekly meeting on Wednesday the cabinet approved the bankruptcy draft law, which aims to reduce…
Parliamentary committee approves tougher penalties for sexual harassment
An Egyptian legislative parliamentary committee approved on Monday a draft bill pushing for tougher penalties on…
CBE issues new regulations for mobile payment services
The Central Bank of Egypt’s (CBE) board of directors approved a new version of the regulations for mobile payment…
Egypt to form SMEs Development Authority
The cabinet approved a draft resolution submitted by Minister of Trade and Industry Tarek Qabil on Thursday for the…
Planning and Budget Committee approves amendments on Article 120 on taxes
The parliament’s Planning and Budget Committee approved amending Article 120 of Law No.91 of 2005, which is related…
Qarun Petroleum: $257m-investments to drill 12 wells during Egypt’s FY2016/17
Egypt-based Qarun Petroleum Company approved Thursday new investments of US$257 million among its budget for…
Damietta Furniture City phase I to cost $62.7m
The Board of Directors (BoD) of Damietta Furniture City Company approved Saturday the estimate cost of the first…
