August 3, 2020

Egypt’s government investments stand at EGP 280.7bn in FY 2020/21 budget

Egypt’s current fiscal year (FY) 2020/21 is witnessing an unprecedented increase in government investments in various fields, according to Finance Minister Mohamed Maait.

He said, in a statement on Sunday, that"...

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Data Protection Law supports data centre localisation in Egypt: MCIT August 3, 2020

Egypt’s Minister of Communications and Information Technology (MCIT), Amr Talaat, said the new law on the protection of personal data supports his Ministry’s"...

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Top taxpayers in Egypt to issue e-invoices by mid-November August 3, 2020

The Egyptian Tax Authority has issued the decision no. 386 for 2020, obliging top corporate taxpayers to issue electronic tax invoices for the goods or services they sell"...

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HHD expected to announce its development plan within days: sources August 3, 2020

Heliopolis Company for Housing and Development is expected to reveal its development plan within days, which is being developed by the new board of directors, as soon as"...

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Egypt’s NTRA tests quality of mobile services in June August 3, 2020

The National Telecom Regulatory Authority (NTRA) has issued a report on the quality of voice and internet services provided by mobile operators during June in Egypt.


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Realme X3 SuperZoom: The smartphone born to capture the stars July 30, 2020

The fast-growing smartphone manufacturer, realme, is set to introduce a new series of its latest electronic products in August. The launch aims to increase the compnay’s market share in Egypt, and meet the needs of all user segments. This comes as a progression to its global success,"...

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Misr Oils turns to profit -Egypt July 29, 2020

ArabFinance: Misr Oils and Soap (MOSC) posted EGP 16.034 million in its net profit in the fiscal year (FY) of 2019/2020, according to the company's July 28th financial statements filed to the Egyptian Exchange.


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