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Latest in Tag: government


Government promotes public-private partnerships

Driven by the current financial shortfall, the Egyptian government has begun discussions regarding prospective public-private partnerships (PPP). According to officials, PPP are intended to catalyse infrastructure development, of which the country is in desperate need. The Ministry of Finance launched the MENA Project Finance and PPP two day conference yesterday, under the patronage of Prime …

Islam Serour

Value Added Tax heads taxation reform discussion

Under the slogan “Future Tax System and its Impact on the Economy and Investment,” the Egyptian Society for Taxation (EST) sponsored a conference yesterday, discussing new reforms which would enhance the Egyptian taxation system. The conference was headed by Ahmed Sawqqi, chairman of the EST, and attended by Mamdouh Omar, the newly appointed chairman of …

Islam Serour

Egyptian Steel signs $ 210 million deal with Danieli

Egyptian Steel signed Wednesday a $ 210 million agreement with Daneili SpA (DANR), an Italian company specialised in supplying plants and equipment to the steel industry, to supply production lines for Egyptians Steel’s new plant in Ain el-Soukhna. Prime Minister Hesham Qandil witnessed the agreement signing ceremony between Ahmed Abou Hashema, Chairman of Egyptian Steel, …

Islam Serour

Morsy drops farmers’ debts

Addressing his audience of fellaheen (farmers), President Mohamed Morsy echoed former President Gamal Abdel Nasser, saying “I’m one of you in terms of roots and upbringing.” In his speech on Tuesday commemorating farmers’ day, Morsy praised Egypt’s fellaheen, stating that “Egypt’s farmers were the first to rebel against tyranny 4,000 years ago.” Presidential spokesman, Yasser …

Islam Serour