Category Archives: Economy

El-Mulla, his Cypriot counterpart discuss boosting partnership of natural gas

Petroleum Minister Tarek el Mulla discussed, via video conference, with Cypriot Minister of Energy, Commerce and Industry Natasa Pilides means of boosting partnership ties between Egypt and Cyprus in the field of petroleum and natural gas. They also discussed cooperation

Egypt ranked first in medicine industry: official

Head of the medicine industry division at the Federation of Egyptian Industries Ahmed el Ezaby said on Monday August 3, 2020 drug industry in Egypt is witnessing continuous development, noting that Egypt is ranked first among Arab and African states

Natural gas to be delivered to 3.4 mln apartments by end of FY 2020-21:Minister

Minister of Petroleum and Mineral Resources Tareq el Molla said the government’s ambitious program to deliver the natural gas to 3.4 million residential units is about to be completed by the end of the 2020/2021 fiscal year, a whole year

Finance minister: Action needed to implement digital work system in Egypt

Finance Minister Mohamed Mait has pressed for continued action to upgrade the infrastructure in Egypt to be able to cope with a planned digital transformation project in the country. It is also important to act to hone human skills to

El-Tokhy: 25 percent increase in leather sales in Eidul Adha

Head of department of leather industries in the Chamber of Leather Industry Osama el Tokhy said on Monday 3/8/2020 leather sales during Eidul Adha increased between 20 and 25 percent in comparison with Eidul Fitr. In statements to MENA, Tokhy

Minister: Italian delegation to visit Egypt soon to probe industrial, trade partnershipsFinance min.: Putting into effect tax income amendments to alleviate burdens on people

Finance Minister Mohamed Maait underlined the importance of precisely putting into effect amendments to the law of tax on income. He said this will contribute to promoting justice with regard to taxes as tax slices would alleviated burdens on people.