FINANCE & ECONOMY

02 May 2016

Egyptians scoff at daylight savings time revival

A decision by the Egyptian government reviving the application of the daylight-savings time this summer has triggered controversy over the system that was scrapped in the country more than five years ago.


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02 May 2016

Expected regulations to resolve tax disputes

New tax legislations and legal regulations are expected to be passed to help resolve disputes between the Egyptian state and taxpayers, tax advisor to the minister of finance Taxes Amr Al-Moneir announced Sunday.


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02 May 2016

Easter holidays push occupancy in Ain Sokhna to 90%

As Egypt marks Labour Day, Human Rights Watch has urged the Egyptian government to legalise independent trade unions and “end the decades-old single official union system.”


“Egypt’s"...

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02 May 2016

Egypt to participate in Pan-African Parliament after 3 year break

An Egyptian parliamentary delegation will participate in the Pan-African Parliament (PAP,) for the first time since Cairo’s membership to thevAfrican Union was restored in 2014. P


Hatem"...

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02 May 2016

Egypt, Bahrain stock exchanges sign cross-listing agreement

The Egyptian Exchange (EGX) signed a cooperation agreement with the Bahrain Bourse on Wednesday that will facilitate the cross-listing process between the two exchanges, according to EGX Chairperson Mohammed Omran.


Omran"......

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02 May 2016

Egypt assumes rotating presidency of UN Security Council for May

Egypt on Sunday assumed the rotating presidency of the UN Security Council for May.


Amr Abdellatif Aboulatta, permanent representative of Egypt to the UN, took over the rotating council presidency from his Chinese counterpart Liu Jieyi, who held the council presidency for April.


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02 May 2016

Egypt's President Sisi announces $11.2M emergency workers' fund

Egyptian President Abdel-Fattah El-Sisi announced on Thursday at a Labour Day celebration that EGP 100 million from the Long Live Egypt Fund (Tahya Misr) would be allocated to the manpower ministry’s emergency fund in order to support workers in ailing sectors such as tourism.


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02 May 2016

Chinese Embassy launches logo design competition in Egypt

The Embassy of the People’s Republic of China announced on its website a competition to design a logo depicting the diplomatic relations between China and Egypt, to mark the 60th...

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02 May 2016

Egypt journalists call protest over police raid at syndicate

Egypt's journalist syndicate has called for the dismissal of the interior minister and an immediate sit-in at its headquarters in downtown Cairo to protest the police detention of two journalists on its premises a day earlier.


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02 May 2016

HRW urges Egypt to legalise independent trade unions

The New York-based rights group said that no independent unions have been able to register officially since September 2015.

Human Rights Watch (HRW) has called on Egyptian authorities to legalise independent trade unions in the country and end the single official union system.

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